US Swap Execution Facility Javelin SEF went for Scila Surveillance
Scila enters the US market for trade surveillance technology by delivering Scila Surveillance to Javelin SEF LLC. Javelin SEF is one of the Swap Execution Facilities founded under CFTC regulation regarding swap trading, and recently received CFTC approval as a multi asset swap execution facility (SEF).Swap trading marketplace Javelin SEF has complemented its execution model with Scila Surveillance. The surveillance system supports market integrity for this new market class under coming regulations emanating from the Dodd-Frank Act. “Our priority is to implement a market surveillance