Meeting Date:
Wednesday, May 9, 2012
CFTC Staff:
Mike Penick, Sayee Srinivasan, Aaron Brodsky, Mark Higgins
Organization(s):
Tradeweb
External Attendees:
Doug Friedman, Bob Paul
Additional Information:
On May 9, 2012, Commission staff participated in a phone conference with representatives from Tradweb to discuss the likely initial and ongoing costs of operating a SEF. Tradeweb also identified several provisions that they believe are likely to be significant cost drivers.