Mifid rules could force FX swaps onto OTFs

technology vortex

The foreign exchange market could face severe disruption in Europe if the scope of forthcoming rules on organised trading facilities (OTFs), which broadly mirror US Dodd-Frank rules for swap execution facilities (Sefs), include FX swaps.

OTFs will be introduced as part of the review of the Markets in Financial Instruments Directive (Mifid II), which is in the ‘trialogue' phase of negotiations, in which the European Parliament, European Commission and Council of the European Union must agree on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: