All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

“They don’t want to disturb a market’s liquidity, but they also don’t want to get gamed by people who don’t want to trade on a [swap execution facility].”

--James Cawley, ceo of Javelin Capital Markets in New York, in defence of the U.S. Commodity Futures Trading Commission decision to certify some interest rate swaps made available to trade on the swap execution facility.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree