Derivatives software provider Trading Technologies (TT) says it will offer connectivity to Eris Exchange's SwapBook, the futures exchange's electronic trading tool for interest rate swap (IRS) futures and inter-market spreads, via its X-Trader platform by Q4 of 2012.
TT says the tie-up will provide its clients access to two, five, and 10 year forward-starting and IMM-dated IRS futures, as well as cross-exchange spreads for those who use TT's server-side Autospreader engine.
"TT's support of Eris Exchange extends our distribution to thousands of buy-side and sell-side firms eager to trade Eris Exchange IRS Futures with TT's powerful X-Trader platform and related products. TT's Autospreader Strategy Engine, in particular, unlocks the potential for traders to execute compelling inter-market trading strategies electronically using Eris Exchange IRS Futures," says Eris Exchange CEO Neal Brady, whom sibling publication Waters recently profiled.
Anthony and James take a look at the interdealer broker space and quickly hit on whether or not bitcoin ETFs are to come in the near future.Subscribe to Weekly Wrap emails