CFTC’s name give-up rule causes confusion

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By Ross Lancaster
09 Jul 2020

A new US Commodity Futures and Trading Commission rule to restrict post-trade name give-up on swap execution facilities (SEFs) is causing some confusion in the market as participants work to a tight deadline.

Two weeks ago, the CFTC’s commissioners voted in favour of a rule that will give swap counterparties anonymity after executing a trade on a SEF. Previously this information had to be given up, in order to let traders manage their counterparty risk.

Opponents argue that the rise ...

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