Launch of trading on Cboe SEF

Cboe Global Markets, Inc. has announced the launch of trading on Cboe SEF, a next-generation swap execution facility (SEF).

First Published by e-Forex News: December, 2017

Cboe Global Markets, Inc. has announced the launch of trading on Cboe SEF, a next-generation swap execution facility (SEF). The launch means market participants can trade NDFs on emerging markets currencies for the first time on proprietary Cboe technology. Cboe SEF delivers a next-generation market model that incorporates: 
•  A fully anonymous central limit order book with firm all-to-all trading available to all Participants; 
•  Configurable firm and non-firm streaming quotes for tailored liquidity needs; 
•  Curated liquidity pools to meet Participants’ execution criteria; 
•  A diverse network of Participants resting passive liquidity and a wide distribution network for Market Makers; 
•  Pre-trade Net Open Position (NOP) credit checks and real-time risk management.