Bloomberg and mystery firm emerge as sole credit SEF applicants

By David Wigan

Monday, July 15, 2013

Bloomberg and a mystery Delaware-registered firm are the only two organisations to have applied to become SEFs for credit

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Comment by: Anonymous. Posted 10 years ago [2013-07-16 00:31:35]

Why only "two years of unconsolidated financial accounts"? Nobody does credit analysis with only two years of history. If there's an argument - which seems doubtful - that failure of SEF affiliates poses no risk at all to maintaining trading and clearing, then there need not be any request for financial data.

Comment by: Mike Peterson. Posted 10 years ago [2013-07-15 13:01:35]

The mysterious TW SEF LLC is thought to be Tradeweb, which has announced its intention of applying to become a SEF.

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