Clearing certainty: Hubs hit heavy weather

Unclear over clearing hubs


With just over a month until swap execution facilities (Sefs) can open for business in the US, it’s still not clear how users will know – at the point of execution – that their trades will be within the risk limits set by a futures commission merchant (FCM) and a central counterparty (CCP), and will therefore be accepted for clearing. Markit and Traiana claim to have the answer – both are launching new, centralised credit-checking facilities – and can point to public support from Sefs and FCMs

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here