Swap Trading avoids SEFs


The FT today has an article titled “Global swaps market faces fragmentation” (registration required).

The Tabb Group have published the results of their recent survey of US asset managers, hedge funds and regional banks. Results indicate that most trading activity has migrated to London avoiding SEFs.

The real question is whether this is a permanent shift or a temporary move in reaction to the lack of clarity around the US regulatory changes.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: