
Credit hubs vie to increase Sef and FCM participation

Pre-trade clearing certainty might sound like a fairly humdrum practice, but it has become one of the most competitive elements of processing over-the-counter derivatives in recent months as two providers – MarkitServ and Traiana – battle it out to become the provider of choice.
The need for clearing certainty arises from the regulatory shift, initially in the US, for OTC derivatives to be traded on swap execution facilities (Sefs) and cleared through central counterparties. Both MarkitServ's
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