February 02, 2010
Approval of proposal by The Warehouse Trust Company to become member of Federal Reserve System
For immediate release
The Federal Reserve Board on Tuesday announced its approval of the application by The Warehouse Trust Company LLC ("Warehouse Trust"), New York, New York, to become a member of the Federal Reserve System. Warehouse Trust proposes to operate a central trade registry for credit default swap contracts and to offer related services, including the processing of life-cycle events for the contracts and facilitation of payments settlement.
Attached is the Board's Order relating to this action.