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CFTC selects unique product identifier for swap data reporting

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The Commodity Futures Trading Commission flags an ‘important milestone’ that will increase transparency in the swap market.

The Derivatives Service Bureau Limited (DSB) has been designated as a unique product identifier (UPIs) and product classification system by the CFTC. With DSB, the Commission is expecting to bring more integrity to the market.

“The order represents another important milestone in the Commission’s long-running efforts to harmonize and standardize