CME and Javelin quickly clear $4.1 billion of rate swaps

12/14/2011 | Financial Times (tiered subscription model) ·

Javelin Capital Markets and CME Group's clearinghouse said they cleared $4.1 billion in interest-rate swaps in an average time of just a couple of seconds. The situation shows that the link between execution and clearing can be done in near real time, a central aim of proposals under the Dodd-Frank Act.

View Full Article in:

Financial Times (tiered subscription model) ·

Published in Briefs: