Isda data shows electronic trading and clearing are becoming the norm
Electronic trading and clearing have
become the new norm for the US credit default and interest rate
swap markets as the Dodd-Frank regulatory reforms take hold,
according to data published by industry body the International
Swaps and Derivative Association (Isda).
Isda said the proportion of interest rate
swaps traded electronically increased in the third quarter to
almost 60% of the market by notional volume up from 52% in
2014. By trade count the electronic traded accounted for 53% of
the market up from 47% in 2014.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.