Swap Execution Facilities (SEF) articles

Swaps Execution Facilities Tracker December 2015

Swaps Execution Facilities Tracker December 2015

The Future Industry Association Releases it’s latest Stats on Swap Execution Facilities, December 2015. As SEF’s become more important to the market for the transparency of transactions, these monthly reports from the FIA will illustrate those results.  In a glance their charts show which broker, which product are growing over time. Also, inference research for

Swap Execution Facilities

Swap Execution Facilities & End Users

ISDA’s new Survey of Issues & Trends in the End User Community offer interesting insights into Swap Execution Facilities and End Users.  Respondents point to fragmentation along geographical lines due to regulatory ambiguities in cross border transactions. The survey’s respondents were asset managers and non-financial corporate, with a total of 125 respondents.  89% of those respondents are

Swap Execution Facilities Go Live

Swap Execution Facilities Go Live!

Swap Execution Facilities – Oct. 2 Launch Report The age of the swap execution facility was launched on Oct. 2 was a success in that trading was largely uninterrupted and trade sizes remained in line with the OTC market. But many believe that overall swaps liquidity was negatively impacted, and the majority of buy-side firms

ICAP voice brokers and derivatives reform

Regulators Scan InterDealer Swap Brokers

Voice brokers’, those thick skinned middlemen who match up client interests in swaps (and other products) were mistaken by regulators to be executing highly complex, thinly traded, bilateral contracts.  As a result the CFTC thought interdealer brokers (IDB’s) needed rules to provide greater price discovery & transparency for the trades they executed. IDB’s do not