FIA-Isda group runs rule over Sef credit check plans


One of the most vexing questions in over-the-counter clearing – how to be certain at the point of execution that the trade will be accepted by a clearing member – moved a step closer to an answer at a behind-closed-doors summit in New York on September 15 and 16. Dealers and buy-side attendees, including Barclays Capital, Deutsche Bank, Goldman Sachs, Pimco, BlackRock and Citadel had the chance to review the solutions being built at 13 different swap execution facilities (Sefs) an