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…

Swap Execution Facility Trading Volumes: Here are the Real Numbers

Swap Execution Facility Trading Volumes: Here are the Real Numbers

There are some really good parts of the SEF rule, and this in my view is one of the best: Core Principle 9 requires a…

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…