Swapstream, Swapswire Sign Deal

CONNECTIVITY

LONDON--Swapstream, the soon-to-be-launched trading platform for swap and over-the counter (OTC) derivatives from Swiss broker Gottex, has reached an agreement to interface with dealer-backed confirmation network SwapsWire, creating an integrated electronic processing network for derivatives.

Deals executed on Swapstream by banks and brokers will be fed to the SwapsWire network for trade capture and confirmation. The agreement means banks using the Swapstream execution platform will be able to

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