trueEX gets real on Brazilian swap trading in SEF first

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By Dan Alderson
10 Oct 2016

trueEX, the interest rate swap trading platform, claims to be the first swap execution facility to execute dealer to client Brazilian real interest rate swaps.

Brazilian real swap trading began on trueEX last week, following an agreement in August with CME Group. This enabled trueEX to execute trades in the currency, which are then cleared at CME. 

In another sign of trueEX’s progress this year, the firm’s overall dealer-to-client SEF market ...

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