SEF Establishment Forces Big Decisions for Sell-Side Firms

Alex Foster, BT.

With low volumes and seemingly endless wrangling over footnotes, the birth of SEFs has been a difficult one. Just over six months after the first made available to trade (MAT) determinations became obligatory on February 17, however, the market is beginning to bed in. The buy side is yet to fully engage, citing complexity, cost and rule-book concerns at the SEFs, not to mention market fragmentation, leaving sell-side firms to bridge the divide between the two.

Part of this is through aggregation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

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 individual account here: