Swaps market prepares for its big bang
| Regulation
Michael Mackenzie and Philip Stafford of the Financial Times report on the shift of U.S. OTC derivatives trading from the telephone to electronic platforms (SEFs) and the effect it will have on the marketplace. Tradeweb CEO, Lee Olesky is quoted on the readiness of market participants to trade on SEFs and Tradeweb’s focus on providing customers with flexible trading protocols to ease the transition.