End-Party Participation unhelpful

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      Text was re-written to indicate that alternate market models are options that could be done, not mandates to do.

      This general fix was applied in several parts of the document.

      The Over-The-Counter mechanisms and an initial discussion of registration of bilateral transactions partially address liquidity and participation issues.

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      Text was re-written to indicate that alternate market models are options that could be done, not mandates to do. This general fix was applied in several parts of the document. The Over-The-Counter mechanisms and an initial discussion of registration of bilateral transactions partially address liquidity and participation issues.

      12. End Party participation in local clearing markets offered in the Proposal will typically see low participation and low liquidity, so such markets will be inefficient and unworkable except perhaps in exceptional circumstances.

            Assignee:
            williamcox
            Reporter:
            Toby Considine (Inactive)
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