Virtus Trade Settlement LLC is a New York-based company that offers a trade settlement platform for financial transactions. They utilize trading documents published by the Loan Syndications and Trading Association (LSTA), with all intellectual property rights owned by LSTA. The recent change in LSTA's Terms of Use does not affect the functionality of Virtus Trade Settlement's platform.
Users of Virtus Trade Settlement's platform can continue to use it without any impact, while the enforcement of LSTA's copyrights remains a matter between LSTA and the users of their trading documents.
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