News Briefs

NEWS ANALYSIS

SwapsWire swells volumes

SwapsWire, the consortium-owned provider of legal confirmation, trade capture and broker confirmation for the global OTC derivatives market, has announced that its participating broker-dealers have agreed to pay £12 million in advance ticket fees to SwapsWire in exchange for a discount on future volumes. According to SwapsWire, the organisation is able to offer the discount because of recent increased trade volumes booked on the system; SwapsWire handled a record 58,000

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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