FYI. The updated spec now contains an explicit contradiction.
Under ‘GOALs’ the spec now reads
Transactions Optional support for transactions, both local and XA will be defined in accordance with. JTS 1.1. These will require the presence of a transaction manager to work.
Page 22 of the updated Spec (Chapter 5) reads
Ø Local transactions do not require the presence of a Transaction Manager.
Ben D Cotton III
Morgan Stanley & Co.
OTC Derivatives Clearing Technology
1221 AOTA Rockefeller Ctr - Flr 27
New York, NY 10020
(212)762.9094
ben.c...@ms.com