Best swap execution facility: GFI

GFI's Ron Levi says technology will not make brokers redundant

Ron Levi at GFI
Ron Levi, chief operating officer, GFI

The advent of swap execution facilities (Sefs) at the end of last year caused unprecedented upheaval in currency markets, as brokers and both sell- and buy-side participants scrambled to interpret and adapt to changes in derivatives-trading rules.

US persons have been able to trade FX options and non-deliverable forwards (NDFs) on Sefs since October 2, 2013, but they are not yet mandated to do so by the Commodity Futures Trading Commission (CFTC). As a result, on-Sef FX liquidity is low and many

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com 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 FX Markets? View our subscription options

Best trading technology for FX: smartTrade Technologies

As sell-side market participants more readily accept the integration of machine learning and AI into their processes, smartTrade Technologies unveils advanced services and modules that provide clients with powerful tools to maximise trading efficiency

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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: