ICAP Brings its European Interest Rate Swap Platform to the US
"We do believe we are very close to the final publication of the SEF rules framework and also the timetable for transaction obligations for swap dealers and major swap participants," says Don McClumpha, global head of i-Swap. "We wanted to make sure we launched i-Swap pre-SEF rules in order to have an opportunity for the marketplace to familiarize itself with the trading platform and how it operates, for us to be able to optimize, modify and change some of the functionality if indeed it proves
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