User:Deweyknows/Swap Execution Facility

A Swap Execution Facility is a trading system or platform that allows multiple participants to have the ability to execute or trade swaps by accepting bid and offers made by multiple participants in the facility. Also known as a "SEF" the term swap execution facility was derived from the Dodd-Frank Act, promoting pre-trade price transparency in the swaps market, likely using Central Limit Order Books. One such leading entity is Javelin Capital Markets, LLC.