SwapsWire rolls out to South Korea
NEWS
Paul Jin, chief executive of Tullett Prebon Money Brokerage in South Korea, said SwapsWire eliminates errors for all parties involved in trades, allowing Tullett Prebon to tie-out and confirm trades within minutes of execution. "We will be working with SwapsWire to roll out the service to the other main players in the market here," said Jin.
Dealing clients Deutsche Bank and Royal Bank of Scotland (RBS) have adopted SwapsWire's OTC confirmation and STP service in the country.
"The Korean swap
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