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Joe Rennison of Risk reports on the growing number of buyside investors looking to make markets on SEFs.

Tim Cave of Financial News writes about the impact of MiFID II regulations on market-makers in ETFs. Adriano Pace, managing director for equity derivatives at Tradeweb, comments on the "increased presence of non-bank, independent market makers in the ETF space," as the firm's European platform saw notional volumes grow 19% to €134.4 billion in 2016.

In a look back at 2016 SEF activity, Amir Khwaja of ClarusFT explores volumes and market share across the CDS, IRS and FX markets.

Tim Cave and Sam Agini of Financial News report on the launch of Tradeweb's APA services in support of MiFID II reporting.

ClarusFT's monthly review series looked at swaps trading across securities and currencies in December 2016, and found that IRS volumes for USD swaps were up 13%, while EUR, GBP and JPY swaps increased 28% from the previous year.

In its monthly review of swaps trading, ClarusFT found that volumes for Japanese Yen Swap (JPY) trades were up, with significant activity taking place on Tradeweb's TW SEF ($6 billion executed) in July.

Risk Magazine's Robert Mackenzie Smith highlights some of the challenges facing startup platforms in U.S. Treasuries, especially those with all-to-all trading while there is no mandated clearing. Mackenzie draws on comments from Billy Hult, President of Tradeweb, at the WBR Fixed Income Leaders Summit in Boston, touching on how this type of trading will not really take off until the clearing component is solved for with different market participants trading Treasuries.

In this follow-up Clarus story, Chris Barnes investigates how regulation has affected market participants trading venue decisions, trends between RFQ and CLOB execution protocols, and increased transparency as to whether these trades are Customer or Dealer flows.

Beverly Chandler of ETF Express interviews Adriano Pace, director of equity derivatives and head of the European-listed ETF marketplace at Tradeweb, on the rise of electronic over-the-counter trading in ETFs across Europe.

Katy Burne of Dow Jones reports on the index credit derivative trade between Goldman Sachs and BlackRock Inc., executed on Tradeweb.