Full Committee Hearing

Emergence of Swap Execution Facilities: A Progress Report

Date:   Wednesday, June 29, 2011 Time:   09:30 AM

Open in New Window


The witnesses on Panel I will be: Mr. Kevin McPartland, Director of Fixed Income Research, Tabb Group; Mr. Neal Brady, Chief Executive Officer, Eris Exchange; Mr. Ben Macdonald, Global Head Fixed Income, Bloomberg, L.P.; Mr. James Cawley, Chief Executive Officer, Javelin Capital Markets. The witnesses on Panel II will be: Mr. William Thum, Principal, Legal Department, The Vanguard Group, Inc.; Mr. Stephen Merkel, Executive Vice President, BCG Partners; and Mr. Chris Bury, Co-Head of Rates Trading and Sales, Jefferies & Company, Inc. Additional witnesses may be announced. All hearings are webcasted live and Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.


Minority Statements

  1. Senator Mike Crapo

Witness Panel 1

  1. Mr. Neal Brady
    Chief Executive Officer
    Eris Exchange
  2. Mr. James Cawley
    Chief Executive Officer
    Javelin Capital Markets
  3. Mr. Ben Macdonald
    Global Head Fixed Income
    Bloomberg, L.P.
  4. Mr. Kevin McPartland
    Director of Fixed Income Research
    Tabb Group

Witness Panel 2

  1. Mr. Chris Bury
    Co-Head of Rates Trading and Sales
    Jefferies & Company, Inc.
  2. Mr. Stephen Merkel
    Executive Vice President
    BCG Partners
  3. Mr. William Thum
    Principal, Legal Department
    The Vanguard Group, Inc.