Bloomberg, MarketAxess, Tradeweb not complying with Sef rules - Gensler

gensler

Bloomberg, MarketAxess, and Tradeweb are limiting how buy-side firms use new swap execution facilities (Sefs) in an attempt to preserve the existing dealer-to-client market structure – a breach of Dodd-Frank Act rules – according to Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC).

The CFTC issued guidelines last week warning venues not to use so-called enablement mechanisms that prevent buy-side firms posting their own prices or trading with a wide range of market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here