Tag: SEFCON VII

SEFCON VII

The Future of OTC Market Structure

Scott Fitzpatrick, CEO of Tradition SEF, talks to Profit & Loss about the ways in which the swaps market structure has – and hasn’t – evolved since the introduction of Swap Execution Facilities (SEFs).

Profit & Loss: Has the launch of SEFs three years ago actually precipitated any major changes in the structure of the swaps market?

Scott Fitzpatrick: From an infrastructure perspective, you could argue that an increased level of efficiency has been introduced into the post-trade processing of swaps transactions. Whether it’s the centralization of processing through SEFs adopting a straight-to-clearing model or the direct reporting to the Swap Data Repositories (SDRs), and provision of daily trading activity files, there is a transparency and fluidity in the post-trade environment that did not exist prior to the introduction of the SEF regulations and the creation of the accompanying infrastructure.

US House Financial Services Committee Member to Address SEFCON VII

Rep. Bill Huizenga (R-MI) will speak at SEFCON VII, the premier swaps industry conference, which will take place just two days before Inauguration Day, on January 18 at The Roosevelt in NYC.
Rep. Huizenga is a Senior Member of the House Financial Services Committee and has held prominent leadership roles overseeing the legislative debate about financial market regulation, Dodd-Frank and Freddie Mac and Fannie Mae. Rep. Huizenga will share his view of the upcoming debates in the Congress on the future of Dodd-Frank and capital markets, as well as GSE Reform.

CFTC’s Massad, Giancarlo to Address Swaps Conference Two Days Before Inauguration

Two days before Inauguration day, Timothy Massad, chairman of the US Commodity Futures Trading Commission (CFTC), and CFTC commissioner Christopher Giancarlo will be keynoting the seventh annual SEFCON VII conference, which has become the largest conference for the US swaps trading market.
The conference will be held in New York on January 18, 2017.
The event, which is being hosted by the Wholesale Markets Brokers’ Association Americas (WMBAA), will provide inside looks on the implementation of the Dodd-Frank Act, the implications of a Trump presidency on financial markets, what lies ahead for US financial market regulation and cross border implications, as well as such critical topics as the future of OTC market structure.