2013 Review: OTC Derivatives Electronification Prompts Flurry of Data Capture, Reporting Activity


At the same time, long-discussed regulatory reforms to address concerns about systemic risks in the OTC derivatives market, including the proposal that all standardized contracts should be traded on exchanges or electronic trading platforms, partly came to fruition. In the US, under the Dodd–Frank Wall Street Reform and Consumer Protection Act, trading finally began on swap execution facilities in October, after a series of delays. Meanwhile, discussions continue in Europe around organized tradi