Tradition adds dealer and client to new swaps Clob

Electronic trading_adobe_575x375
By Ross Lancaster
25 Feb 2020

Tradition’s rates trading platform, Trad-X, has signed up Commerzbank and DekaBank to its new dealer-to-client central limit order book (Clob) and has 12 more firms in the pipeline.

Trad-X opened the platform in January, aiming to offer Clob trading as an alternative to the request for quote (RFQ) protocol that dominates dealer-to-client (DTC) swaps trading.

The platform offers trading in 16 tenors of vanilla interest rate swap from two years out to 50, four swap and ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.