Central limit order book
Lobbing out the Clobs?
As more prop traders go bilateral, what does it say about – and mean for – market liquidity?
Sef reforms could distort new, sounder benchmark rates
Tradition’s Fitzpatrick warns that more ways of trading swaps could dent progress made on fixings
Off-the-run barriers frustrate Jump Trading
Chicago prop firm has been unable to break into the market for off-the-run Treasuries
Direct streaming gains foothold in US Treasuries market
Cost savings drive dealers away from Clob model into alternative venues
US swap rate failed during volatility rout
The Ice swap rate was not published on February 6 due to a lack of electronic prices during equity turmoil
US swap trading overhaul may reinforce market split, users warn
New rules on trade execution likely to halt any unifying shift of liquidity to order books
Tullett Prebon and the mystery Clob
How tpSef quietly kept voice broking alive in a regime designed for e-trading
Late adopters: why buy-siders are sticking to RFQ
Asset managers have been slow to embrace alternative trading protocols in fixed income
Dealers warm to all-to-all CDX trading
Liquidity providers new and old want to build on Bloomberg Clob activity
Futurisation facing headwinds as cleared swaps evolve
Panellists at FIA conference say cleared OTC market is holding off futures challenge
Isda escapes CDS case pledge to help CFTC
Association still faces licensing overhaul as part of pending settlement
Lack of average pricing holding back Clobs, says buy side
Sefs, FCMs and CCPs not interested in finding a solution, however
CFTC parks Sef name give-up issue
"For the time being, we're not taking any action," says Massad
Agency trading 'has not picked up' on Sefs – Tradeweb
Platform says agency volumes are at 0.5% of daily swap trading
Interdealer brokers need to change, say critics
“I’m just a good guy and I buy you a beer” is no longer enough
Bank swaps headlock slips as Chicago prop firms join Sefs
HTG, Teza and TransMarket emerge as would-be providers of swap liquidity
Malaysia's missed opportunity in equity derivatives
Asian financial crisis saw Malaysia move from vangard to slow lane of Asia's markets
Massad: Sefs fear retaliation if they end name give-up
Isda AGM: CFTC chair is "very concerned" by claims that firms are being shut out of Sefs
CME price limits caught out by Swiss franc surge
Exchange bins month-old rule after it led to huge spot-futures basis
CFTC close to 'game-changing' guidance on Sef anonymity
Agency could prevent Sefs from revealing identities of order book participants
Giancarlo: CFTC has no right to end swap market split
Participants should choose all-to-all or two-tier structure, argues commissioner
Giancarlo: scrap CFTC Sef rules and start over
Commissioner proposes wholesale replacement of year-old regime
Best price is best execution in new OTC market – Risk.net poll
Focus on price could threaten old swaps trading relationships
CFTC to test role of anonymity in Sef order book flop
Order books could get a boost if regulator bars brokers from revealing counterparty IDs