Swap execution facilities (SEFs)
OTC trading platform of the year: UBS Neo
Risk Awards 2015: Aggregation is a brave bet that has made UBS an agent for change
Best price is best execution in new OTC market – Risk.net poll
Focus on price could threaten old swaps trading relationships
Latest developments in the European derivatives markets
Sponsored video: Tradeweb
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
Technology's impact on Sefs keeps growing, say Sefcon delegates
Technology has a crucial role to play, financial executives say
Bloomberg and UBS clash over Sef aggregation
UBS claims terminal giant's Sef has "impartial access issues"
Citadel's Ken Griffin on Amazon, Bloomberg and swap market reform
"Buy-side firms say they want more liquidity and choice. Now, they have choice"
Markit venture is first casualty of US swap flop
Clearing credit hub closes, with Markit citing disappointing Sef volumes
Buy-side firms slam broker Sefs over lack of anonymity
Name give-up a way of shutting market to non-dealers, critics claim
Citadel ‘nervous’ about lack of Sef competition
Firms warn dominance of Bloomberg and Tradeweb may not be healthy
CFTC's Giancarlo barred from meeting Sef bigwigs
Ethics pledge means new commissioner cannot talk to WMBAA board
Sef boss spends his days ‘worrying about costs’
New trading venues struggling to turn a profit, says head of Ice Swap Trade
Forward-starting swap volumes fail to surge, says Isda
Data shows users are not flocking to the product to avoid Sefs
Interdealer broker rankings 2014: Sef questions piling up
Icap takes the top spot as brokers struggle with Sef switch-on
Citadel and Virtu prepare for tilt at OTC market
Non-bank dealers are connecting to Sefs and conducting test trades
Virtu to take on banks as swap market-maker
HFT firm is one of two non-banks known to have traded on broker Sefs
Japan FSA threshold for trade execution 'extremely high'
Only banks with ¥6tn in derivatives must trade swaps electronically
US firms frustrated by EU clearing timeline
Deadline may not bite until December 2016 for most European firms
Bloomberg Sef success leads to fee criticism
Rivals claim they are being undercut; others say company is obstructing agency trading
Industry nervy as Esma faces Mifid liquidity challenge
Discussion paper asks 139 questions on new transparency regime
SEC silence on swap spread Sef trading frustrates market
Packages are now subject to CFTC rules, but involve SEC-regulated legs
Forward-starting swaps surge as market avoids Sefs
Derivatives users look to non-standard swaps to avoid Sef execution mandate
Transatlantic swap liquidity split persists – Risk.net poll
US rules have broken the swap market in two, according to 60% of respondents to a poll
People: Sef start-up CEOs stand down
Three months after the start of mandatory Sef trading, two CEOs are moving on