GFI Group, a New York-based broker and technology vendor, has filed an application with the US Commodity Futures Trading Commission (CFTC) to become a multi-asset swap execution facility (SEF).
GFI already operates marketplaces for trading swaps in a range of financial, fixed income, equity and commodity asset classes.
"This is an important day in the history of our company and for the swaps markets" says Colin Heffron, CEO of GFI Group, "For more than 25 years, GFI has provided market participants around the world with safe, liquid and transparent venues for trading swaps and other financial and commodity products. GFI's long standing commitment to technology investment and innovation enables us to be one of the first to file for designation with the CFTC as a swap execution facility."
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails