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The Nodal Trader, a Platts publication on power trading, hosted a conference in Jersey City, New Jersey on 13-14 November 2008. NERA Vice President Dr. Sharon Brown-Hruska chaired a panel entitled "Proposed Credit Requirements for Financial Trading Markets." Industry panelists provided an overview of proposed credit policies in Financial Trading Rights (FTR) in different markets. They discussed how to tailor credit requirements to accurately reflect associated risks of offered products; how FTR markets have tightened up their credit operations amid the "liquidity event;" the evolution of the structured credit market; how ISOs/RTOs view financial institution credit and associated risks; and credit risk reduction through daily settlements.