Report: CFTC's SEF rules hinder FX shift to multidealer platforms

11/13/2013 | International Financing Review (free content)

A Greenwich Associates report says the Commodity Futures Trading Commission's rules on swap-execution facilities have slowed the shift of the currency-trading market to multidealer platforms. "The good news for multidealer platforms is that we see this shift as a transitory phenomenon," said Kevin McPartland of Greenwich. "In the long term, the move to multidealer platforms will resume."

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