OTFs and Sefs: equivalence in doubt

Two months after the US Dodd-Frank Act's swap execution facility (Sef) rules came into force, Europe's law-makers are close to agreeing final rules that will require trade execution in the European Union (EU) to work under a similar framework. Similar in its objectives, at least – not necessarily similar in the nuts-and-bolts detail. That's good, argue some: Europe is a very different animal to the US, and some participants have pushed hard for the rules to take the various idiosyncrasies into

To continue reading...

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: