Integral SEF (ISEF™)
ISEF (Integral's swap execution facility) allows customers to trade FX NDFs on a multiple-to-multiple platform, enabling customers to source liquidity from bank providers as well as resting orders from other market participants.
Trading is available through request-for-quote (RFQ) and an order book. Our SEF also offer all necessary connections with clearing houses (DCOs), SDRs, liquidity providers, etc.
- Single-sign-on for non-regulated and regulated trading
- Deep liquidity
- Trade against streaming quotes, resting orders, or both
- Full pre- and post-trade support, including credit check and reporting
Partner With the Pioneer of Multi-Bank Trading Solutions
Integral has been operating a multi-bank system for over a decade. Our culture and experience, the built-in flexibility of our technology, our global business support services, are all optimized to support a multiple-to-multiple trading model.
Operating a SEF is a natural extension of our expertise and vision to provide the most advanced multi-sided trading network for foreign exchange.
A U.S. Law with Global Implications
The implementation of SEF and Clearing rules will affect how certain instruments will be traded, cleared and reported.
Unless your business qualifies for and takes the necessary steps to obtain an end-user exemption, or trading is conducted in a way with no ties to the United States and US entities, you will likely have to comply with these rules and regulations.
We are Here to Help
We believe that in the long term, a SEF will increase transparency for market participants.
In the short term, the implementation of new trading and clearing rules is a source of much uncertainty and concern. We are here to help.
Whether you are a bank or a broker who is offering NDFs to his customers, an asset manager or hedge fund that trades NDFs or a large corporation that might be affected by these changes, we encourage you to get in touch with us to find out how we can help you.
For more information go to the ISEF website. We are looking forward to demonstrating what we believe to be a superior solution.
Integral SEF (ISEF)™ is offered through INFX SEF, a fully-owned subsidiary of Integral Development Corp.