MEDIA

trueEX Completes First Electronic Mexican Peso Swap Trades for Institutional Investors trueEX, the fastest growing swap execution facility (SEF), has created another industry innovation with the execution of the first dealer to client Mexican peso (MXN) interest rate swaps trades on its award-winning platform. Societe Generale Corporate and Investment Bank (SGCIB), and undisclosed institutional investors completed the transactions late in December and January; the first buy-side... trueEX - January 28, 2016

Sef of the year: trueEx Start-up Sef enjoys a breakthrough year by offering unique post-trade tools to the buy side. "The interest rate swaps markets are near impossible to break into; they're like a fortress. Our strategy was to offer things the two incumbent trading venues, which have been in the rates market for two decades, wouldn't," says Sunil Hirani, co-founder and chief executive of trueEx, the New York-based... Risk.net - January 27, 2016

CFTC Grants Registration to 18 Swap Execution Facilities The U.S. Commodity Futures Trading Commission (CFTC) today issued Orders granting registration to 18 swap execution facilities (SEFs). The SEFs issued a Registration Order today previously were operating under temporary registration status. SEFs are trading facilities that operate under CFTC’s regulatory oversight for trading and processing swaps. SEFs were authorized to be created by the... CFTC - January 22, 2016