TrueEx
People Moves: SSGA, GLMX, AcadiaSoft, CAIS, DriveWealth
A look at some of the key "people moves" from the week of Sept. 9 to Sept. 13.
Witad Awards 2018 Write-Ups: Exchange Professional of the Year—Karen O’Connor, TrueEX
As one of the most senior members of staff for one of the newest swap execution facilities (SEFs), Karen O’Connor, president and COO of trueEx, has been on the ground floor of market structure reform in the US since trueEx’s establishment in 2013.
trueEX Adds Brazilian Real Swaps
Sunil Hirani, CEO of trueEX, talks about the importance of adding currencies to the SEF.
trueEX Executes Brazilian Real Swaps Cleared at CME Group
Sunil Hirani, CEO of trueEX, talks about the importance of adding currencies to the SEF.
ITG Names Jahani Head of Technology Architecture
Saro Jahani will start April 14 and be based in New York.
trueEx Expanded for London Trading Hours
Swap execution facility expanded in response to demand from both the US and London.
CFTC Approves 18 SEFs, 5 Still Waiting
Clear Markets, FTSEF, GTX SEF, LedgerX and TeraExchange continue to operate under temporary registration.
trueEX CEO Discusses Automated Execution, Processing Solution
Sunil Hirani, CEO of trueEX, talks with WatersTechnology about the launch of trueFIX and partnerships with JPMorgan and RBS.
trueEX Separates Post-Trade Business from SEF
truePTS is a new entity that will focus on allocations, instant status notification and other processing capabilities.
Bitcoin Comes of Age as New Technology Questions Follow
Derivatives venues, underlying ledger technology in focus.
Jahani Appointed trueEX CIO
Comes from Direct Edge.
Signs of CLOB Progress as Aggregators Adopt MAC Swaps
Product standardization will key order books' rise
TrueEx Taps CameronTec for FIX-Based Messaging Tools
The swap execution facility will provide CameronTec's MagniFIX monitoring and VeriFIX testing tools to clients.
With Swap Volumes Slacking, Tech to Serve as SEFs' Differentiator
As the new world of SEF clearing starts to shape, TrueEX's Sunil Hirani says that smaller venues will have differentiate themselves against the larger players by being better at second-order functions.
Nasdaq Ships Surveillance Tech for trueEx
Nasdaq OMX's Smarts surveillance platform will oversee both the swap execution facility (Sef) and designated contract market (DCM) operated by trueEX, the exchange group has announced.
TrueEx Introduces Bunched Swap Orders
The designated contract maker (DCM) says it can now process bunched-order swap allocations in concert with Credit Suisse's futures commission merchant (FCM) arm and LCH.Clearnet's SwapClear service.
UBS Executes First Interest-Rate Swap as Introducing Broker
UBS Investment Bank has completed its first trade as an introducing broker on behalf of a client via UBS Neo, the bank’s global distribution and execution services platform.
CFTC Certifies MAT Submissions from Tradeweb, trueEx
The US Commodity Futures Trading Commission (CFTC) has announced that made available to trade (MAT) submissions from both trueEx and Tradeweb have been certified, meaning those instruments must be traded on swap execution facilities (SEFs) from February.
Liquidity Aggregation Through FCMs Appealing, But Info Leakage a Question
Even as the estimated number of swap execution facilities (SEFs) drops, fragmentation is still predicted to become an issue in the world of centrally cleared swaps. There is therefore room in the market for an aggregation service, to source liquidity…
Swaps Exchange TrueEX to Receive Services From Interactive Data
Massachusetts-based Interactive Data will provide a suite of services to trueEX, the first interest rate swaps exchange approved by the Commodity Futures Trading Commission (CFTC) as a designated contract market (DCM).