A general term for a utility in the modern market infrastructure that performs (or facilitates) credit checks on clients, on behalf of the credit extending party (eg FCMs). Many SEF’s call a Credit Hub over an API to check limits prior to execution.
A general term for a utility in the modern market infrastructure that performs (or facilitates) credit checks on clients, on behalf of the credit extending party (eg FCMs). Many SEF’s call a Credit Hub over an API to check limits prior to execution.