10/21/2013

Javelin Capital Markets has asked the Commodity Futures Trading Commission for permission to make a broad range of interest-rate swaps available for trading on its swap-execution facility. Agency approval would trigger a CFTC requirement that all swaps of this type would have to be traded on SEFs such as Javelin. "This is a natural next step for a derivatives marketplace," said James Cawley, Javelin's CEO, adding that it "jump-starts trading on SEFs."

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