Title VII of the Dodd-Frank Act has introduced the world to a whole new lexicon of swapspeak. If your client, a commercial end user, needs to know whether its swap, entered into with an MSP on a SEF, must be cleared through a DCO and reported to an SDR, you must first be able to decipher the alphabet soup. Take Practical Law Finance's quick Dodd-Frank swaps quiz to find out if you speak swap.

Do you know what the following Dodd-Frank swap-related acronyms stand for?

1. NSBS.

2. SBS.

3. SD.

4. SBSD.

5. MSP.

6. MSBSP.

7. SEF.

8. DCM.

9. DCO.

10. SCA.

11. SDR.

12. CCO.

13. FCM.

14. CCP.

15. MAT.

16. CSE.

For the complete list of correct answers, as well as an explanation of each term and links to helpful Practical Law Finance resources on all of these topics, see Legal Update, Dodd-Frank Alphabet Soup Quiz: Answers and Explanations.