CME takes Swapstream for $15m
NEWS
The exchange said it will operate Swapstream as a wholly owned subsidiary of the CME. The platform will remain in London and will continue to be headed by chief executive Stephane Rio, with Andre Keijsers and Florentin Bosse remaining as chief financial officer and chief technology officer, respectively.
Launched in 2003, Swapstream is an inter-dealer platform that supports electronic trading of euro and Swiss franc- denominated medium-term – 1 to 10 year – and long-term – 10 to 50 year –
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