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SVT Market Committee    
 
   

 

The community of the French primary dealers, (the SVTs - Spécialistes en Valeurs du Trésor) decided in 2007 to review the implementation of their duties of negotiation and price quotations as provided by their Charter, to account for the new competitive environment for trading platforms.

This review resulted, on April 24 2008, in the creation by the SVTs of a French Market Committee, within AMTE.

The purpose of this Committee is to draw up rules reflecting the SVTs' commitment to maintain executable prices, as stated in the SVT Charter signed with the Agence France Trésor, in a competitive environment open now to all trading platforms fulfilling objective eligibility criteria. These criteria will also be determined by the Market Committee.

The Committee, composed of the SVTs, will monitor SVTs' compliance with their market duties. The secretariat of  the AMTE Council provides necessary operational support to the Committee.
 


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