First FCM completes production testing with CreditLink | Market Infrastructure
Things are moving fast in US and the first FCM has completed its production testing with CreditLink. One of the fundamental points of CFTC regulation 1.7 provides that clearing firms and buy-side firms should be able to ensure certainty of clearing acceptance by their clearing member at the time of execution and this service offers them the ability to manage trading and clearing limits in low latency for interest rate, credit and foreign exchange (FX) swaps. More details here. P.S I haven't seen any announcement by MarkitServ on Credit Centre by the way. Any news there? Maria L.