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By Rob DalyPublished October 25 2011 Waters Technology
After the Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law in July 2010, it dangled a glittering prize in front of over-the-counter (OTC) swaps dealers—a chance to bag a windfall in trading fees from a good portion of the $601 trillion OTC derivatives market that would be made to trade on swaps execution facilities (SEFs) by the second half of next year.
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