Tradeweb pre-RFQ & clearing credit checks
In this post here Tradeweb explain how they’re going to incorporate a credit check prior to each RFQ, to try and ensure that a party has sufficient margin / tolerance
January 17, 2012 - Editor
Category: TradeWeb
In this post here Tradeweb explain how they’re going to incorporate a credit check prior to each RFQ, to try and ensure that a party has sufficient margin / tolerance to issue an RFQ *prior* to sending, pre-execution, and pre-clearing.
The article doesn’t say what the method or maths are to achieve this check, which I will ask for. What I am interested to know is whether Tradeweb will replicate the IM calculations at the CCP, or use some proxy such as sensitivities to estimate a parties capacity to clear an additional trade.
The model requires the party to update the Tradeweb platform with their credit tolerance or limit, which must somehow relate to the asset/liability relationship of their existing portfolio at the CCP.
Popular
Most Viewed

Articles
Sep. 15, 2022
Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics
Sep. 06, 2022
Siege FX announces the launch of NetFix
Aug. 02, 2022
OSTTRA and LCH collaborate to reconcile bilateral OTC trade data
Jul. 26, 2022
Sell-side systems in need of upgrade for new risk reality
Jul. 15, 2022