Schott OFT COM to Launch Free Confirmation Service

Schott OFT COM has made the decision to offer a post execution straight-through processing (STP) confirmation service to its clients.

Straight-through processing (STP) enables the entire trade process for capital markets and payment transactions to be conducted electronically without the need for re-keying or manual intervention, subject to legal and regulatory restrictions. The concept has also been transferred into other sectors including energy (oil, gas) trading and banking, ..

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