SEF Overview

Cboe SEF brings Cboe's track record of innovation to the Non-Deliverable Forwards market with its CFTC-registered Swap Execution Facility.

Cboe SEF delivers:

• Fully anonymous CLOB with firm all-to-all trading available to all Participants
• Configurable firm and non-firm streaming quotes for tailored liquidity needs
• Diverse network of Participants resting passive liquidity
• Wide distribution network for Market Makers
• Pre-trade Net Open Position (NOP) credit checks and real-time risk management
• EMTA-standard contracts