Gerry Corcoran spent just one day working on the trading floor, during the drought of the summer of 1988. What he saw convinced him that in order for RJ O’Brien to grow, they needed to add technology to enhance order flow to and from the trading floors.
Swap execution facilities (SEFs) were given life by the Dodd-Frank Act, which requires over-the counter (OTC) swaps to be cleared and traded on this...
The OCC’s ENCORE clearing system, while resilient, is long in the tooth and inflexible. OCC’s Project Renaissance aims to revamp the central counterparty’s data,...
