Citi Scoops Equity Stake In ICAP IRS Platform

20 Dec 2012

Citigroup has taken an equity stake in ICAP’s iSwap Limited, a platform for interest rate swaps, and separately will support the platform with streaming prices.

Citigroup has taken an equity stake in ICAP’s iSwap Limited, a platform for interest rate swaps, and separately will support the platform with streaming prices.

“In the new regulatory environment dealers are looking for greater automation in certain segments of the market, with increased transparency and lower transaction costs ...

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