Interest rate derivatives platform Trad-X has announced last week that it has launched a dealer-to-client (D2C) pure electronic central limit order book (CLOB) and has already completed a number of live transactions between dealers and non-dealers. AEGON Asset Management first executed a euro IRS trade on Trad-X’s D2C CLOB. BNP Paribas was the counterparty, and…
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NEX Data, a NEX Group (LON:NXG) business which delivers global pricing data and information solutions, and Tradition, an interdealer broker in over-the-counter commodity and financial products, just announced that they have agreed a distribution partnership. NEX Data will become a key distributor for Tradition’s market data and information services division, TraditionDATA. The agreement includes real-time and end-of-day…
Read moreTrad-X, the global interest rate derivatives trading platform of Compagnie Financiere Tradition SA (SWX:CFT), today announces a set of initiatives to increase liquidity and bolster its presence in the global interest rate swap (IRS) market. Trad-X will launch a new central limit order book (CLOB) for EurexOTC cleared products today. The CLOB will initially focus…
Read moreTrad-X, the OTC derivatives trading platform of Compagnie Financiere Tradition SA (SWX:CFT), today announced some impressive operating metrics concerning USD interest rate swaps (IRS). The company said that total USD interest rate swaps (IRS) trading volumes since launch on Trad-X, have now exceeded $2.5 trillion, with the period starting in January 2015 accounting for more…
Read moreSince the start of September 2014, Trad-X USD on-SEF volumes have seen a sharp increase. From the start of September to end of November, Trad-X executed more than 4,700 interest rate swap trades, worth a notional value in excess of USD 540 billion
Read moreTradition provides broking services for a complete range of financial products - money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures...
Read moreHuge leap in electronic trading volumes in USD interest rate swaps
Read moreWill make available trading of CME cleared USD interest rate swaps with the launch of its new innovative CCP position switch service.
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