We focus however on the first set of mat certifications for us dollar based trades.
Mat products cftc.
Cftc chief economist sayee srinivasan chaired this panel which included amir professors darrell duffie and john hull and kevin mcpartland.
Swap execution facilities sefs are trading facilities that operate under the regulatory oversight of the cftc pursuant to section 5h of the commodity exchange act the act 7 u s c.
What is traditionsef s status with the cftc.
Effective as of january 22 2016 the commodity futures trading commission granted traditionsef registration as a swap execution facility.
Last week the cftc certified certain interest rate and credit default swaps in usd eur and gbp currencies to be mat.
Commitments of traders a breakdown of each tuesday s open interest for markets.
To meet its statutory mission of ensuring market integrity and customer protection with respect to products listed under self.
Organization filing description products affected official receipt date status date remarks associated documents.
A new initiative to accelerate cftc engagement with responsible fintech innovation and make the cftc more accessible to innovators.
The industry filings search tool provides access to information about and submissions by trading and clearing organizations such as designated contract markets dcms swap execution facilities sefs derivatives clearing organizations dcos swap data repositories sdrs and non u s.
Made available to trade determinations for certain interest rate and credit default swap contracts.
Organizations with respect to offering products to u s.
Please refer to the mat submissions located on the commission s website that provide the full list of the swaps made available to trade including the swap terms.
1 standard coupon refers to the then current fixed coupon rates for market agreed coupon mac contracts.
These trades would have to meet the following criteria in order to be considered mat.
Low latency and a proven ability to attract deep high quality liquidity in a wide range of interest rate products for both mat and non mat transactions.
In which 20 or more traders hold positions equal to or above the reporting levels established by the cftc.
The commodity futures trading commission cftc is expected to pass all made available to trade mat filings for new swap execution facilities sefs but uncertainty around leadership could affect the initial period of mandatory trading on the new platforms.