Standards are developed for when bilateral trading shifts to SEFs

03/25/2013 | Trade News (U.K.), The

Leading banks are behind efforts to standardize and automate administrative messages on swap-execution facilities. The Trading Enablement Standardization Initiative "will define the trading relationship between the buy side and the sell side," said Sessan Danesh, managing partner of Etrading Software, which is developing the system with FIX Protocol.

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Trade News (U.K.), The

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