{"id":33959,"date":"2013-02-19T08:17:45","date_gmt":"2013-02-19T13:17:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33959"},"modified":"2013-02-19T08:17:45","modified_gmt":"2013-02-19T13:17:45","slug":"cftc-60-second-rule-will-force-rejections-say-futures-commission-merchants","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/cftc-60-second-rule-will-force-rejections-say-futures-commission-merchants.html","title":{"rendered":"CFTC 60-second rule will force rejections, say futures commission merchants"},"content":{"rendered":"<p>Hedge Funds Review &#8211;\u00a0Futures commission merchants will have a minute to accept or reject trades for clearing under a CFTC rule. Buy-side firms need to be aware of limits they are given and be able to work within them.<\/p>\n<p>As clearing for over-the-counter derivatives takes off, clients may find an increasing number of their trades rejected by the futures commission merchants (FCMs) that stand between them and a clearing house, dealers warn. This is the result of a Commodity Futures Trading Commission (CFTC) rule that means FCMs have a maximum of 60 seconds to accept or reject a trade for clearing, they claim.<\/p>\n<p><a href=\"http:\/\/www.hedgefundsreview.com\/hedge-funds-review\/news\/2244874\/cftc-60second-rule-will-force-rejections-say-futures-commission-merchants\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hedge Funds Review &#8211;\u00a0Futures commission merchants will have a minute to accept or reject trades for clearing under a CFTC rule. Buy-side firms need to be aware of limits they are given and be able to work within them. As [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33959","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33959"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33959\/revisions"}],"predecessor-version":[{"id":33960,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33959\/revisions\/33960"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}