Tag: package transactions

Package trade rules – can they do that?

On Thursday May 1 the CFTC released an¬†eagerly awaited clarifying document¬†outlining when and how package trades would be required on SEF. ¬†Packaged transactions will be phased in by type from May 15th through November 15th, and to deal with the pre-trade credit checking issue (checking limits against each leg as opposed to the limit utilization […]