Trad-X wins more electronic converts with new sign-ups to rates CLOB

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By Ross Lancaster
08 Jul 2020

Tradition’s Trad-X dealer-to-client central limit order book has won two more members, as UniCredit and Actiam have joined the electronic rates trading platform.

Tradition’s CLOB, unique in bringing together dealers and clients on such a platform, has been running since December. It now has four dealers, with UniCredit joining JP Morgan, BNP Paribas and Commerzbank as liquidity providers for Eurex- cleared interest rate derivatives.

Buy-side firms are more used to request ...

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