Prebon Moves to Streamline Messaging

INFRASTRUCTURE

NEW YORK--Kinetech, the IT services unit of interdealer broker Prebon Yamane, has completed the installation of the iaTrade real-time deal lifecycle management platform from London-based Integra SP. The procedure took about six months, affecting both the London and Jersey City, N.J. offices of Prebon, says Jim Hilton, head of business planning and implementation at Kinetech.

IaTrade will initially be used to link brokers with the derivatives deal-confirmation network Swapswire. That link was

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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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