November 11, 2014 BY Andrew Saks-McLeod

CFTC implements further trade execution requirements whilst ESMA still grapples with initial stages

A year subsequent to setting in place the trade execution requirements for OTC derivatives trading within the institutional sector in the United States, the CFTC has now completed its ruling with regard to SEF usage for credit default and interest rate swaps whilst ESMA lags almost two years behind

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