Sef connectivity hurdle looms for bank platforms


The well-worn argument over whether mandatory trading on regulated platforms could sound the death knell for the single-dealer platform model seems to have run its course, to be replaced by a more pragmatic debate over how bank platforms will interact with the new wave of swap execution facilities (Sefs) and equivalent platforms that will rise in the coming months.

The crux of the issue is that Sefs, defined in the US Dodd-Frank Act as platforms that accept bids and offers made by multiple

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 customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: