On the recordFebruary 14, 2011
Am I correct that you require a swap execution facility to include a central trading screen where everyone can see everyone else's prices?
Source
congress.govAm I correct that you require a swap execution facility to include a central trading screen where everyone can see everyone else's prices?
Gensler questions the requirement for transparency in swap execution facilities.
Share
More from Gary Gensler
In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.