Some SEF Trading Certainty – Finally!

Some SEF Trading Certainty – Finally!

Who would have guessed that Black Friday would have turned out to be a big day for SEF trading.  Both Javelin and Tradeweb resubmit their…

Mandatory SEF Trading Does Not Equal Mandatory Electronic Trading

Mandatory SEF Trading Does Not Equal Mandatory Electronic Trading

Forgive me if I’m stating the obvious for some of you, but I’ve had this conversation more than once and felt some clarity was in…

The CFTC Killed SEF Trading (for now)

The CFTC Killed SEF Trading (for now)

Last week was a busy week in SEF land. November 1 brought in to play a host of new rules, the MAT wars heat up…

The Results are In: What parts of the rate curve should be mandated for trading first?

The Results are In: What parts of the rate curve should be mandated for trading first?

Earlier this week the first two made available for trading applications were made to the CFTC starting the clock ticking for mandatory SEF trading.  Those…

MAT the MACs, or MAT Everything – Let’s Vote

trueEX yesterday filed their MAT application to start a CFTC review process alongside the one underway for Javelin’s application.  This will add a huge amount…

Roll Out the Welcome MAT

Roll Out the Welcome MAT

On Friday afternoon Javelin SEF filed the first made available-to-trade application with the CFTC (thanks Jamie for making us all scramble around on a Friday…

SEF Surveillance

With so much focus on execution methods and block trade rules, little talk has been had about another SEF requirement: surveillance.  Keeping your market participants…

Catching up with Javelin CEO Jamie Cawley (Video)

Jamie and I discuss Javelin’s latest press release and Javelin’s prospects ahead of final SEF rules expected sometime in 2012.

Talking to the Swap Execution Facilities

I’ve spent the better part of the last year studying what will become the swap execution facility (SEF) market, how it will be regulated, its…