Ex-Wells Traders Launch OTC Rates Platform

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Ex-Wells Traders Launch OTC Rates Platform

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A new platform for trading over-the-counter interest rate derivatives in the U.S. has been launched by a team of former Wells Fargo employees. Derivative Path, based in Walnut Creek, California, has launched with a range of services including hedge structuring, trade execution, record retention and Dodd Frank compliance as well as risk management, operational, legal and accounting support.

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