Dealers Weigh Sef Strategies
By Duncan Wood
Published May 27 2011 Risk Magazine
The Dodd-Frank Act created a multitude of would-be swap execution facilities (Sefs) – trading platforms that will aggregate dealer liquidity. Now, dealers want to hoover up the Sefs by building their own aggregation services, but it’s a strategy that could force the over-the-counter derivatives business into strange new territory.
full article 
(subscription)
