Swap Execution Facilities (SEFs)


A Swap Execution Facility is an electronic trading system to bring greater efficiency and transparency in the swaps market. Dodd-Frank Act, which was signed by President Obama in July 2010 included a requirement that any participant providing electronic markets for trading interest rate swaps will need to register as a Swap Execution Facility.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day


In the context of finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper. In the context of contracts, refers to secret payments made to... Read More

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