Reuters submits SEF application


At last, Thomson Reuters has filed an application with the US Commodity Futures Trading Commission (CFTC) to register as a swap execution facility (SEF).

The information provider, which acquired foreign exchange (FX) trading platform FXall last year, will offer trading in instruments eligible for central clearing, such as non-deliverable forwards (NDFs), and others.

This bring to 16 the number of platforms that have applied for SEF status.

“Thomson Reuters today confirms that it has filed its swap execution facility (SEF) application with the CFTC,” says the company in a short media alert. “Subject to approval, the Thomson Reuters SEF will provide a consistent workflow for trading regulated and unregulated FX products.”

 

 

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