Post sponsored by NewzEngine.com

Source: US Commodity Futures Trading Commission

— The Commodity Futures Trading Commission today announced it has issued an Order of Registration to iSwap Euro B.V. granting it registration as a swap execution facility (SEF). iSwap is a private, limited liability company based in the Netherlands.

The CFTC issued the order under the Commodity Exchange Act (CEA) Section 5h and CFTC Regulation 37.3(b). After review of iSwap’s application and associated exhibits, the CFTC determined that iSwap demonstrated its ability to comply with the CEA and the CFTC’s regulations applicable to SEFs.

The terms and conditions of the order require, among other things, that iSwap comply with all provisions of the CEA and the CFTC’s regulations applicable to SEFs. The registration is effective upon the satisfaction by iSwap of certain conditions in the order.

With the addition of iSwap, there will be 20 SEFs registered with the CFTC.

MIL OSI USA News