Swap Data Repository, Block Trade Rule, the Bad News

Under the Dodd-Frank Act, the CFTC issued Part 43 of its regulations to implement the real-time reporting mandate. This has a requirement for “real-time public reporting”, which is defined as
June 21, 2013 - Editor
Category: CFTC

Under the Dodd-Frank Act, the CFTC issued Part 43 of its regulations to implement the real-time reporting mandate.

This has a requirement for “real-time public reporting”, which is defined as “to report data relating to a swap transaction, including price and volume, as soon as technologically practicable after the time at which the swap transaction has been executed.”

This “public dissemination” is operational in DTCC DDR and may be seen in SDR View.

This article discusses the impact of the Block Trade Rule, which will become effective on 30 July, 2013.

Please click here for the full article.


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