For Eaton Vance, SEF Aggregation Demonstrates 'Art of the Possible'

john-shea-eaton-vance2
Centrally cleared swaps have pushed Eaton Vance's IT and trading teams closer together. Above, CTO John Shea.

Dating to 1867, Bismarck's laconic description of politics as "the art of the possible" favors tactical pragmatism over longer-term idealism. In 2014, many asset managers anticipating the MAT mandate this week will surely sympathize.

Confusion over swap execution facilities' (SEFs') individual rulebooks, and issues around the Commodity Futures Trading Commission (CFTC) rule 1.35 specifically, have made the ideal approach—evaluate the venues, make a few selections, and connect to them outright

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: