BGC Signs On to T-Zero Platform
DERIVATIVES TRADING TECHNOLOGIES
NEW YORK—T-Zero, an electronic platform for credit derivatives affirmations, announced last week that it will provide BGC Partners, a voice and electronic brokerage service for derivatives, with post-trade affirmation and straight through processing (STP) capabilities.
Initially, BGC will use T-Zero's post-trade technology for credit default swaps (CDS) single names and CDS indices and tranche trades, T-Zero officials say. Using T-Zero's "agnostic connectivity" platform, BGC dealers will be able
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