Brokers Could Win Under Frank’s Regime

16 Oct 2009

The revised over-the-counter derivatives bill passed by the U.S. House Financial Services Committee yesterday could be a boon for interdealer brokers as it requires trades between dealers to go on exchange or so-called swap execution facilities.

--Zeke Faux

The revised over-the-counter derivatives bill passed by the U.S. House Financial Services Committee yesterday could be a boon for interdealer brokers as it requires trades between dealers to go on exchange or so-called swap execution facilities.

“The big winners might be the interdealer brokers,” said KeithStyrcula, chairman ...

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