Comment Text:
February 23, 2011: Meeting at the CFTC with Markit regarding Section 719(b) study related to the feasibility of standardized computer-readable algorithmic descriptions for derivatives. Mark-it presented its views on unique identifiers, net exposure analysis, valuations and trade processing for various asset classes. Markit also discussed its efforts to work with clients to reduce risk and improve operational efficiency.
In attendance:
From Markit: Kevin Gould, Marcus Schneler, Guy Gurden, Adam Kanslez, Tom Price, Brian Okupskiu
From Winson & Strawn LLP: Peter Lalyshen
From CFTC: JP Rothenberg, Jonmarc Buffa, Andrew Kirilenko, Irina Leonova
From SEC: Matt Carruth, Tom Eady, Matt Reed
