Tag Archives: Reuters

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 afternoon!).  This is great news.  The ball is rolling that will make SEF trading volumes finally matter.  But of course, as with everything derivatives reform, things are not yet cut and dry.… Read More »

Thomson Reuters to launch OTC platforms by mid-2012 (Financial Times)

Now its official – both major market data providers are in the SEF game.  Bloomberg showed as “most likely to succeed” in TABB’s SEF Industry Barometer in the spring.  But admittedly that study was focused on credit and rates trading whereas Thomson Reuters is in the FX game.  Regardless, both of these firms have a lot behind… Read More »

Q+A-What’s at stake for swap-execution facilities? (Reuters)

The SEF debate is certainly heating up.  These questions and more will all be discussed at the WMBAA’s “SEFCON 1” event in DC on October 4th (details to follow).  My comments in the Reuters piece: “The law calls it “a trading system or platform in which multiple participants have the ability to execute or trade… Read More »

Swaps spin-off proposals look costly for banks (Reuters)

The recent proposal by Senator Lincoln isn’t bad because it will cost banks, but because it is ignores how the OTCderivative markets function.  Its pretty obvious from my comments I’m against most of what she’s proposed here.  It feels as if she’s ignoring everything Congress has learned since early 2009, most of which came through… Read More »