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Underscoring the highly competitive nature of SEF trading, SEF executives from Bloomberg and UBS trade jabs over business models.
The claws came out at Wednesday’s SEFCON V conference as panelists representing swap execution facilities (SEFs) run by Bloomberg and UBS exchanged a series of playful jabs at one another, underscoring the rough-and-tumble reality of intense competition in a market that’s just getting off the ground. Responding to a question about the merits of the...
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