AEGIS Hedging Solutions' (AEGIS) application to form a registered Swap Execution Facility (SEF) has entered the final phase of approval with the Commodity Futures Trading Commission (CFTC).

AEGIS SEF, a regulated subsidiary of AEGIS, will operate in compliance with rules introduced under the Dodd-Frank Act to improve transparency in derivative transactions.

The (CFTC) lifted the stay on AEGIS SEF’s application on 20 May, indicating substantial completion and adherence to all applicable regulations, reporting, and oversight requirements. Assuming typical progressions, AEGIS SEF anticipates being fully operational early in the third quarter.

In accordance with open access requirements, AEGIS SEF will be available to Commodity Trading Advisors (including AEGIS CTA) and Introducing Brokers.