Putative SEFs are currently working to win the support of dealers and their clients.
ECONOMIST: Derivatives exchanges
2.
Analysts believe the initial number of SEFs could be large but will be whittled down over time.
ECONOMIST: Derivatives exchanges
3.
Regulators believe OTFs and SEFs will transform the derivatives market, making it more transparent, boosting liquidity and reducing the tasty margins dealers usually earn on trades.