The broker is planning to extend a clearing switch service to Euro products
Tradition said its swap execution facility
(Sef) service has seen strong trading drive the system past
major milestones in recent weeks as it prepares to launch a new
clearing service in Europe.
The inter-dealer broker said its Trad-X
system executed its 25,000th trade last month and the value of
trading on its system also topped $1 trillion for the first
time, buoyed by strong growth since the start of September.
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