Trad-X Launches Dollar Rate Swaps

Daniel Marcus at Tradition
Daniel Marcus, global head of strategy and business development at Tradition, has led the USD rate swaps rollout on Trad-X.

Both Tradition and traders from the sell sides in the consortium say the initiative brings visibility and better liquidity into the rate swaps market by leveraging electronic execution in a way that fits the current trading environment.

"Société Générale is pleased to support Trad-X USD taking the US market forward in an evolutionary way, by virtue of the provision of a regulatory compliant transparent IRS trading solution," says Amaury d'Orsay, global head of rates at the French bank, in a

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