Seed SEF LLC announced today that it has been fully registered as a Swap Execution Facility (SEF) by the Commodity Futures Trading Commission (CFTC). Seed SEF operates in areas where there have been recent regulatory shifts or dramatic market restructuring.
Seed SEF President, Brian Liston, commented that, “We are excited to be registered. Seed SEF is looking forward to continuing its work providing risk management services and new trading opportunities for the emerging products that consumers around the world are embracing.” Liston noted that “the staff in the Division of Market Oversight at the CFTC had been extremely responsive.”
Edward Woodford, Seed SEF
US Tel: +1 855-744-7333
Email: [email protected]
Seed SEF is a wholly-owned subsidiary of Seed CX Ltd., a Delaware corporation.
SEFs are trading facilities that operate under the CFTC’s regulatory oversight for trading and processing swaps, including forwards and options. SEFs were authorized to be created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 to provide greater pre-trade and post-trade transparency to the swaps market. There are now 23 SEFs fully registered with the CFTC.
For more information, visit www.seedcx.com or follow us on Twitter @SeedCX