May 31, 2016 BY LeapRate Staff

Tullett Prebon becomes first platform to send SEF trade for clearing in Japan

Tullett Prebon has announced that it become the first firm to successfully send a Swap Execution Facility (SEF) trade for clearing at the Japan Securities Clearing Corporation (JSCC). The trade was executed via tpSEF's hybrid trading platform. Last year, the JSCC obtained an exemption from the Commodity Futures Trading Commission (CFTC) from registration as a…

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