Risk glossary

 

Swap execution facility (Sef)

A swap execution facility is a US platform on which multiple participants can electronically trade swaps.

Sefs were created under the Dodd-Frank Act and the first Sefs began operating in 2013. Only swaps that are subject to the US clearing mandate are eligible for an accompanying Sef mandate – they must also have been determined to be “made available to trade”.

The platforms are regulated by either the Commodity Futures Trading Commission or – in limited cases – the Securities and Exchange Commission and are subject to data standards and core principles set by those bodies.

Click here for articles on swap execution facilities. 

  • LinkedIn  
  • Save this article
  • Print this page  

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: