TradingScreen Meets Dodd-Frank Foreign Exchange Requirements

TradingScreen is proud to announce that it is in compliance with the final CFTC rules under the Dodd-Frank Act covering certain foreign exchange (FX) transactions, requiring firms display mid-point pricing on foreign exchange pre-spot, forward outrights, non-deliverable forwards and swap trades.

By building in the new functionality ahead of deadline, TradingScreen has ensured that swap dealers and their clients experience uninterrupted service when the Dodd-Frank rules go into effect on May 1, 2013.

This mid-point price information, which is either calculated by TradingScreen or supplied by brokers, can also be used to assist with clients’ transaction cost analysis (TCA).

Read the full announcement about Dodd-Frank FX Requirements, or to learn more about TradingScreen’s recent developments around transaction cost analysis (TCA).