Trade Settlement in New York, NY offers a platform, Virtus Trade Settlement (VTS), that utilizes trading documents from the Loan Syndications and Trading Association (LSTA). Users are required to be LSTA members or obtain a license to use the LSTA Trading Documents, with enforcement of copyrights handled directly by the LSTA.
The company ensures seamless trade settlement processes while adhering to updated LSTA Terms of Use, providing a secure environment for parties to engage in transactions. For those seeking to utilize the platform, Trade Settlement facilitates access to necessary licensing and membership options as required by the LSTA.
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