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SEF

March 21st, 2012 The Road Ahead for SEFs: If you Build it, will they Come?

SEFs are an integral part of the Dodd-Frank Act. David Easthope, Research Director with Celent’s Capital Markets Group looks at the development of these execution facilities and explains the likely challenges the market faces in implementing the SEF electronic trading architecture in the coming months. 

Background

December 13th, 2011 Market-Making & OTC Derivatives under the Volcker Rule

November 13th, 2011 OTC Derivatives Reform: the Complexity & Cost of Infrastructure Changes for Operations

The OTC derivatives reform is opening up the industry to new operational risks, primarily due to the sheer magnitude of the system and process changes needed to be accomplished in a relatively compressed timeframe. Rule Financial’s Ciaran Henry explores the operational challenges associated with the Dodd-Frank compliance marathon now underway and offers insight into the complexities of processing trades in a new post-trade workflow including the challenges in trade reporting and data management.

May 13th, 2011 SEFalicious – Market Evolution Meets Regulatory Revolution

David B. Weiss, an independent consultant and research analyst, discusses the current state of SEFs and what the future holds for these trade execution facilities

February 1st, 2012 NFA Signs Agreement with MarketAxess to provide Regulatory Services to MarketAxess’ Swap Execution Facility
January 25th, 2012 CFTC Staff to Host Public Roundtable to Discuss the “Available to Trade” Provision for Swap Execution Facilities and Designated Contract Markets
October 7th, 2011 ‘SEF in a Box’ Launched by Baymarkets and Cleartrade Exchange
October 4th, 2011 RTS Offers Services to Support New Swap Execution Facilities as Dodd-Frank Act Fosters Centrally Cleared Swaps

Enables SEFs to Launch Quickly without Substantial Investments in New Infrastructure; Matching Engine, Connectivity to Clearing Houses and Exchanges, Risk Management, Market Data API among Capabilities Offered.

September 1st, 2011 What will the OTC post-trade process look like in a new regulatory environment?

Free Webinar Sept 15th for DerivSource Members

August 12th, 2011 Proactive Preparation: Identifying Priorities & an Action Plan to Meet Dodd-Frank’s Title VII Requirements

In a Q&A, Deloitte’s Ricardo Martinez explains the methodology and prioritization program used to assist sell-side clients in preparing for the changes proposed under the Dodd-Frank Act's Title VII including the pushout rule, central clearing, use of SEFs and reporting to SDRs.

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