The platform operator, which was founded in 2010 as a subsidiary of New Jersey-based proprietary trading firm Spring Trading, filed an application with the Commodity Futures Trading Commission (CFTC) in July to become a SEF that will trade interest rate swaps, credit default swaps, energy swaps, equity swaps and non-deliverable forwards.
When TeraExchange begins trading—which is planned for the end of February next year—it will initially use Connexus to deliver data on a request-for-quote (RFQ)
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- Bloomberg’s Chat Gambit: The Feint Before a Knockout?
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- WatersTechnology Innovation Summit Q&A: Elly Hardwick, Deutsche Bank
- In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
- Gardening, Uber & Culture: Takeaways from this year's WatersTechnology Innovation Summit