SuperDerivatives Applies to the CFTC for SEF Status

A London bus at St Paul's
London-based SuperDerivatives has filed an application to the CFTC to operate as a SEF.

SuperDerivatives has developed SDX Trading, a suite of SEF-compliant electronic trading solutions for currency and commodity derivatives in line with the requirements of the Dodd-Frank Act.

SDX will be led by David Collins, formerly head of strategic solutions at the firm.

"For over a decade SuperDerivatives has been providing OTC derivatives market participants with the technology and expertise to improve transparency and set best practice in their trading and hedging operations," says Collins. "The regulations being introduced as part of the Dodd-Frank Act in the US have enabled us to draw on this experience and develop SDX Trading."

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