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The CFTC will provide deadline relief on package trades but an FTF DerivOps New York panel questions when SEFs will take off.
Operations teams supporting derivatives trading at financial services firms across the nation breathed a collective sigh of relief Wednesday night, when CFTC Chairman Timothy Massad announced his agency will postpone rules that would force market participants to conduct package trades electronically via swap execution facilities (SEFs). Meanwhile, panelists at FTF’s DerivOps New York event on...
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