Tag Archives: trading requirement

Breaking: CFTC Certifies the First MAT Submission

By Andrew Cross and Tom Watterson Attention investment managers, banks, CPOs, insurance companies and anyone who currently must clear their interest rate swaps, the requirement to trade interest rate swaps on a swap execution facility ("SEF") will come into force on February 15, 2014. Part 1: What will be covered by the trading mandate? The … Continue Reading

CFTC Taking Comments on Requiring Interest Rate Swaps to be Executed on SEFs or DCMs

By Andrew Cross and Tom Watterson On Friday, Javelin SEF made the first “Made Available to Trade” submission (an “MAT Submission”) to the CFTC for certain interest rate swaps. Javelin’s submission, if not objected to by the CFTC, would cause those interest rate swaps come under the trading requirement, and those swaps would then be … Continue Reading