Senaf Platform Attracts $3B in Repo Trades
CONNECTIVITY
MADRID--An electronic repo trading platform launched recently by Spanish bond trading brokerage Senaf attracted €1 billion ($.98 billion)in repo transactions on its first day during its first week of operation, a figure that has since grown to an average of €3 billion ($2.96 billion) per day, says Senaf CEO Raymond Sabbah.
For repo trading, users now have a choice between legacy, dedicated terminal access and an API that was created last year for bond trading but adapted to repos. In 2001, Senaf
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