trueEX, a swap execution facility (SEF), announced it has created a separate entity for its processing services.
The new business, truePTS, offers allocations, instant status notification and other processing capabilities to all market participants regardless of where they choose to execute. The post-trade services are available to dealers, buy-side firms, clearing firms, inter-dealer brokers and clearinghouses.
Sunil Hirani, CEO of trueEX, tells WatersTechnology the concept of spinning off
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails