Regulatory

TraditionSEF

Welcome to TraditionSEF, the markets' marketplace!
Setting the standard for fully-flexible execution across all asset classes.

Regulatory Status

Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act),  gives the U.S. Commodity Futures Trading Commission (CFTC) regulatory authority over Swaps markets (excluding Security based Swaps). In 2013, the CFTC implemented swap trading rules promulgated by the Act, invoking a number of practices associated with the clearing and execution of swaps trades in the U.S. and similar trades involving U.S Persons globally.  Under Title VII, it is a requirement that “Any person operating a facility that offers a trading system or platform in which more than one market participant has the ability to execute or trade swaps with more than one other market participant on the system or platform shall register the facility as a swap execution facility” and is subject to the Core Principles and other Requirements for Swap Execution Facilities.  As a result of this requirement, and to ensure continuity of our services to our client base, Compagnie Financiere Tradition formed TraditionSEF, and the CFTC granted TraditionSEF registration as a swap execution facility on January 22, 2016.

 

Our Services

Globally accessible, and widely recognized as one of the early leaders in the US SEF marketplace, TraditionSEF offers execution, trade processing and reporting services in all derivative asset classes. This is done through a wide range of Trading platforms and mode of executions such as:

  • Central Limit Order Books (“CLOB”)

  • Request For Quote systems (“RFQ”)

  • Work-up and Auction services. 

Interest Rates Swaps

  • Platform: Trad-X

  • Execution Methods: Voice/Hybrid, Electronic, Work-up, Auctions 

Credit Default Swaps

  • Platform: StreamGlobal

  • Execution Methods: Voice/Hybrid, Electronic, Work up, Auctions

 

TraditionSEF also offers services in foreign exchange, equities and commodities asset classes.


Electronic prices are combined with voice volunteered prices via our In-SEF Brokers from over 100 of the most active derivative trading firms in the world today ensures that our platforms provide market participants with access to the most consistently deep and rich pools of liquidity available in the markets today.


To ensure market participants can access our liquidity pools in the manner that best suits their requirements, TraditionSEF provides multiple methods of access through our industry leading voice desks and technology solutions:

  • Direct access to our platforms via APIs

  • Through our award winning proprietary trading platform GUI Interfaces

  • Direct voice access to our highly skilled Swap Execution Specialists (Brokers)

  • Via third Party Independent Software Vendors (“ISVs”)

  • Indirectly via approved Introducing Brokers and via Bank Agency Platforms and desks

TraditionSEF is committed to innovation in derivatives markets trading as well as providing access to liquidity pools, which give our Market Participants the most efficient execution experience in the constantly evolving regulatory landscape and market structure.