NEW YORK, NY. August 5, 2013. Javelin Capital Markets files its Swap Execution Facility (SEF) application with the CFTC to trade Interest Rate Swaps on Friday August 2, 2013—three days ahead of the deadline.
Through its wholly owned subsidiary, Javelin SEF LLC, Javelin will offer institutional customers live, actionable prices through both Central Limit Order Book (CLOB) and Request For Quote (RFQ) execution methodologies.
Javelin’s CEO, James Cawley said, “We are happy to be one of the first SEF applicants, and are excited to be among the first swap trading platforms to offer dedicated, streaming prices across the swap curve in conjunction with our dealer partners. Javelin’s highly liquid trade venue is committed to offering greater customer choice and flexibility in this new post Dodd Frank marketplace.”
About Javelin Capital Markets
Founded in 2009, Javelin Capital Markets, LLC (www.thejavelin.com) is a derivatives execution platform for Interest Rate Swaps and Credit Default Swaps. Javelin offers both anonymous electronic and voice-hybrid methodologies for trade execution. Javelin works with several execution partners to ensure optimal liquidity for its diverse customer base. Javelin is one of the first platforms to register as a SEF, or Swap Execution Facility, under the Dodd Frank Act with the CFTC.