Dodd-Frank's Swaps Data Repositories have thrown up a series of related benefits
Transparency in Swap
By Amir Khwaja, Clarus
The Dodd-Frank Act requires both the
real-time reporting of all over-the-counter (OTC) derivatives
trades done by US persons to Swap Data Repositories (SDRs) and
the real-time public dissemination of these trades. For the
first time, anyone is able to see on any given day, what OTC
Derivatives products trade, what price they trade at and in
I cannot overstate the fundamental nature
of this change. We have transitioned from a market where trades
were private and a few privileged firms had insight, to a
market where there was post-trade transparency for all.
Let look at how market participants use
this new post-trade transparency.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |