SingleDealerPlatforms.Org

Gary Gensler, Head of the Commodity Futures Trading Commission (CFTC) proposed today that:

swaps could be traded on venues as transparent as stock markets

Also, that

Swap venues also could have a “request for quote” system, as long as the request for a quote to buy or sell a swap was sent to at least five market players in the trading system.

Reuters cover the story here

Great insight (as always) is provided by the StreetWise Professor (here)

Filed under: Dodd Frank | Tagged: CFTC, Dodd Frank, Swaps |