Buy-side firms slam broker Sefs over lack of anonymity



Name give-up a way of shutting market to non-dealers, critics claim.

Bill: This is a story about whether the Central Limit Order Book (CLOB) model of trading, on a SEF for OTC products, behaves like a true exchange with anonymity at execution and also clearing, like in the true exchange traded world. It appears this may not be so, read on at Risk (subs required).