Tradition brings CLOB to the masses with dealer to client platform

By Ross Lancaster
16 Jan 2020

Interdealer broker Tradition is opening the doors to central limit order book trading for buy-side swaps market participants with its Trad–X D2C platform.

Through its Trad–X OTC rates derivatives platform business line, Tradition is creating an alternative to the request for quote (RFQ) trading model that dominates electronic swaps trading on the buy-side. The model was conceived some years ago but it began to host liquidity in December.

Interdealer brokers are ...

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