AEGIS Swap Execution Facility (AEGIS SEF) has provided an update on financial counterparty participation, February trading activity, and new approvals in Canada.
AEGIS SEF now has 15 financial counterparties (Dealers) and nearly 300 commercial end users (Participants) executing hedging transactions through AEGIS SEF. Each Dealer and Participant has signed definitive documentation to enable the execution of hedging transactions on AEGIS SEF.
“We are proud to host a mix of U.S. money center and regional banks, Canadian banks, and merchant traders with approximately $1.50 trillion of market capitalization on AEGIS SEF,” said Justin McCrann, President of AEGIS SEF. “Since launch, AEGIS SEF has executed nearly 120,000 contracts with over $6.4B in hedging exposure thanks to the liquidity provided by these world-class financial counterparties.”