Method and Apparatus for Generating and Operating A Swaps Trading Platform

An apparatus comprising:

• a swaps trading platform generation module configured to generate a swaps trading platform, wherein the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEF) requirements;
• and
• a communications module configured to:
• establish one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests;
• and
• establish one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.

A non-transitory computer-readable medium comprising executable instructions that when executed by a processor cause the processor to carry out a method comprising:

• generating a swaps trading platform, wherein the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEF) requirements;
• establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests;
• and
• establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.

A computer-implemented method comprising:

• obtaining, by a processor, one or more trade requests, wherein the one or more trade requests concern a trade-type requiring execution in a swaps execution facility (SEF);
• executing, by the processor, the one or more trade requests in accordance with a plurality of predefined rules associated with SEF requirements;
• communicating, by the processor, clearinghouse information regarding the executed one or more trade requests with one or more clearinghouses;
• and
• communicating, by the processor, swaps data repository (SDR) information concerning the executed one or more trade requests with one or more SDR providers for storage in a SDR.

An apparatus comprising:

• a trade request obtaining module configured to obtain one or more trade requests, wherein the one or more trade requests concern a trade-type requiring execution in a swaps execution facility (SEF);
• a trade request execution module operatively connected to the trade request obtaining module, wherein the trade request execution module is configured to execute the one or more trade requests in accordance with a plurality of predefined rules associated with SEF requirements;
• a communication module operatively connected to the trade request execution module, wherein the communication module is configured to:
• communicate clearinghouse information regarding the executed one or more trade requests with one or more clearinghouses;
• and
• communicate swaps data repository (SDR) information concerning the executed one or more trade requests with one or more SDR providers for storage in a SDR.

A non-transitory computer-readable medium comprising executable instructions that when executed by a processor cause the processor to carry out a method comprising:

• obtaining one or more trade requests, wherein the one or more trade requests concern a trade-type requiring execution in a swaps execution facility (SEF);
• executing the one or more trade requests in accordance with a plurality of predefined rules associated with SEF requirements;
• communicating clearinghouse information regarding the executed one or more trade requests with one or more clearinghouses;
• and
• communicating swaps data repository (SDR) information concerning the executed one or more trade requests with one or more SDR providers for storage in a SDR.