Packaged trades, which make up around 50 percent of the market in notional volume, won't have to move to SEFs until May 15.
By Silla Brush, Bloomberg|February 11, 2014 at 07:08 AM
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U.S. banks and other financial firms won a three-month delay for as much as half of the interest-rate swap market to meet a federal requirement to trade on platforms designed to increase competition and transparency.
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