Capitalia extends SwapsWire connection
NEWS
The bank will now use the platform to have all trades confirmed by the end of each day. It began using the platform in August last year, to confirm all interest rate swaps trades.
Capitalia trades over the counter interest rate swaps on-screen using Bloomberg and TradeWeb systems, both of which are then connected to SwapsWire to obtain legal confirmation.
In October last year, SwapsWire announced it had nearly doubled its trading volume, to more than 100,000 tickets (FX Week, October 16, 2006).
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