Cboe SEF
A Next-Generation Swap Execution Facility
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
Quick Links
SEF Trading Protocols
- SEF ECN
- SEF Full Amount
Liquidity
Sweepable
Firm
Non-Firm
Execution
Anonymous
Disclosed
Aggressive
Passive
Curated
Data
GUI
FIX Bookfeed
ITCH