29 Jan Swaps Execution Facilities Tracker December 2015
SWAP EXECUTION FACILITIES REPORT
The Future Industry Association released its latest stats on Swap Execution Facilities Report in December 2015.
As SEFs become more important to the market for the transparency of transactions, these monthly reports from the FIA will illustrate those results. At a glance, their charts show which SEF’s are being used and which products are growing over time.
Once certain SEF’s become the market’s SEF’s of choice, the market will become more transparent, thus accomplishing one of Dodd-Frank’s cornerstone purposes.
USING SEF STATISTICS FOR RESEARCH
The market can research SEF volume and the number of trades on the SEF’s whether the trade size is larger or smaller than average.
- The growth in swap volume with a lower number of trades infers larger trades are being submitted for execution
- Comparing SEF and clearing stats provides users with a complete picture with greater transparency
The stats in each monthly report over time will show the market if we’re reaping the benefits of the SEF system.