Given the lower than expected volume of trades on Swap Execution Facilities, it is not suprising that Markit has chosen to close its pre-trade credit check service designed for SEF trades.
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Markit, the financial information services firm, is in the midst of shutting down its CreditCentre facility operated by its MarkitSERV arm. The platform was one of two services launched in response to Dodd-Frank regulations that focus on migrating over-the-counter swaps onto exchange-like platforms.
http://www.ifre.com/markit-to-shut-down-creditcentre/21170230.article
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