BGC Completes First Aussie Dollar Electronic IR Trades

14 Feb 2011

BGC Partners has completed its first fully electronic over-the-counter Australian dollar interest rate swap and its first fully electronic Australian Bill/London Interbank Offered Rate basis trade.

--Eleni Himaras

BGC Partners has completed its first fully electronic over-the-counter Australian dollar interest rate swap and its first fully electronic Australian Bill/London Interbank Offered Rate basis trade.

The Aussie dollar IRS was done on BGC’s Volume Match platform. Volume Match is an auction-style trading system hosted at pre-specified ...

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