execution facility was the top performing Sef in the opening
days of the new US swap regime, outperforming rivals some of
which saw volumes fall after debut, writes Joe
Bloomberg Sef, a
dealer-to-customer (D2C) platform, saw volume on its platform
rise about 3% in the first week under the new swap trading
rules that took effect on February 15, according to research by
consultancy the Tabb Group.
performance contrasted with that of the six dealer-to-dealer
Sefs all of which saw their trading levels fall in the first
week of trading.
"In terms of...