The start of the new regime for swap execution facilities (Sefs) was just days away as Risk went to press. But the two months leading up to it saw barely controlled panic, as electronic execution ...

Credit default swaps traded on swap execution facilities grew 75% from January to April, according to data compiled by the International Swaps and Derivatives Association, while rate swaps have seen ...

360 Trading Networks, BGC Derivatives Markets, Bloomberg SEF, Chicago Mercantile Exchange (CME), DW SEF, GFI Swaps Exchange, Icap Global Derivatives, Icap SEF, ICE Swap Trade, Javelin SEF, LatAm SEF, ...

Swap execution facility (SEF) regulations, intended to increase transparency and reduce swap market risk, have been reported to impact market makers’ margins and liquidity, creating wider spreads for ...

Last year, the over-the-counter swaps market waded its way through regulatory filings to establish an environment that will bring transparency and electronic trading to a market historically dominated ...

After all, it's not just the execution that's designed to reduce systemic risk. Central clearing plays an integral role. FIX plays an integral role. Market surveillance is critical, and value-added ...

Even with the continued lack of clarity on new rules set to govern US swaps trading venues, prospective market operators are keenly preparing their offerings in anticipation of Q2 launches. Even with ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Transparent trading of off-exchange swaps via electronic marketplaces known as swap execution facilities (Sefs) ...

Anshuman Jaswal, senior analyst, Celent, has prepared a two-part report on the lessons learned from the early experience with swap execution facilities in the OTC derivatives markets. The report ...