
FXall looks to Sef licence to boost liquidity

Institutional foreign exchange platform FXall expects to win liquidity from single-bank platforms that don't qualify as swap execution facilities (Sefs) under the US Dodd-Frank Act, according to its chief executive Phil Weisberg.
In an exclusive interview with FX Week, Weisberg confirmed FXall will apply for Sef status and is likely to be successful, in contrast to the multitude of bank-owned single-dealer platforms, whose structures make them less likely to qualify as Sefs.
"There are ownership
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Foreign exchange
Regulation
NSFR may clear up questions about Nomura’s balance sheet
The risks of off-balance sheet financing remain largely hidden from view
Receive this by email