On January 22 2016 the Commodity Futures Trading Commission (CFTC) granted permanent registration to 18 swap execution facilities that trade interest rate swaps and credit default swaps, all of which were previously operating under temporary registration status.

The swap execution facilities approved for registration are:

  • 360 Trading Networks Inc;
  • BGC Derivatives Markets, LP;
  • Bloomberg SEF LLC;
  • Chicago Mercantile Exchange Inc;
  • DW SEF LLC;
  • GFI Swaps Exchange LLC;
  •  ICAP Global Derivatives Limited;
  • ICAP SEF (US) LLC;
  • ICE Swap Trade, LLC;
  • Javelin SEF, LLC;
  •  LatAm SEF, LLC;
  • MarketAxess SEF Corporation;
  • SwapEx, LLC;
  • Thomson Reuters (SEF) LLC;
  • tpSEF Inc;
  • Tradition SEF, Inc;
  • trueEX LLC; and
  • TW SEF LLC.

The CFTC continues to review the registration of five remaining swap execution facilities that are currently operating under temporary registration status. More information regarding the CFTCregistered swap execution facilities is available at http://sirt.cftc.gov/SIRT/SIRT.aspx?Topic=SwapExecutionFacilities.

Previously published in International Law Office

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.