Tradeweb supports the European Commission's objectives reflected in MiFID II/MiFIR of promoting transparency, fostering competition among trading venues, improving market efficiency and moving the execution of standardised derivatives onto multilateral regulated venues.
We are concerned, however, that:
1. the proposals do not sufficiently reflect the G20 commitment relating to the execution of standardised derivatives on electronic trading platforms; and
2. the requirements regarding public distribution of pre-trade data, as proposed, could adversely impact liquidity in the fixed income and derivatives markets.
Tradeweb submitted a comment letter to the Commodity Futures Trading Commission (CFTC) on the oversight and regulation of swap execution facilities (SEFs) in connection with the reopened comment period for rulemakings implemeting Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The following comments were submitted by Lee Olesky, Chief Executive Officer of Tradeweb, as written testimony to the Senate Committee on Banking, Housing, and Urban Affairs. They represent Tradeweb's views with respect to regulatory framework for and implementation of the Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection act under the proposed regulations from the Commodity Futures Trading Commission (CFTC) and Securities Exchange Commission (SEC).
Tradeweb submitted a comment letter to the Securities and Exchange Commission (SEC) on rules proposed for registration and regulation of security-based swap execution facilities (SEFs) under the Dodd-Frank Act.
Tradeweb submitted a comment letter to the CFTC on March 8, commenting on the various rules proposed by the CFTC governing oversight and regulation of swap execution facilities.
The following comments were submitted by Lee Olesky, Chief Executive Officer of Tradeweb, as written testimony to the House Agriculture Committee (February 10, 2011). They represent Tradeweb's views with respect to swap execution facilities (SEFs) and the implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection act under the proposed regulations from the Commodity Futures Trading Commission (CFTC) and Securities Exchange Commission (SEC).
Tradeweb submitted a comment letter to the SEC on January 18th addressing the Proposed Regulation DBSR regarding reporting of swap transaction data.