ICAP’s next generation IRS trading platform/media/Files/I/Icap-Corp/pdfs/iswap-product-v1.pdf ·...
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ADVANTAGES • Hybrid liquidity pool combining best of voice and electronic markets • Certainty of execution ensured by pre-allocated credit allowing instant matching • Open central limit order- book matches all orders according to same priority rules • Multi-legged implied matching of strategies and outright swaps with no chain limitation or legging risk • Trade confirmation and STP via MarkitWire • Single API supporting automated order, credit submission and Instant Risk ICAP’s next generation IRS trading platform ▶ SPEED ▶ STRATEGY ▶ EXECUTION • ICAP’s award winning electronic trading platform for OTC derivatives, leading the electronic market in inter-dealer EUR Interest Rate Swaps trading • Launched Sep 2010 with continuous streaming market maker support across over 100 EUR swap, spread, butterfly, future-cross and basis instruments •Hybrid model ensures leading liquidity, execution and transparency • Accessed by 40+ world leading banks and investment banks
Transcript of ICAP’s next generation IRS trading platform/media/Files/I/Icap-Corp/pdfs/iswap-product-v1.pdf ·...
ADVANTAGES
•Hybridliquiditypool combining best of voice and electronic markets
•Certaintyofexecution ensuredbypre-allocated credit allowing instant matching
•Opencentrallimitorder- book matches all orders according to same priorityrules
•Multi-leggedimplied matching of strategies and outrightswapswithnochain limitation or legging risk
•Tradeconfirmationand STP via MarkitWire
•SingleAPIsupporting automatedorder,credit submissionandInstantRisk
ICAP’s next generation IRS trading platform
▶ SPEED ▶ STRATEGY ▶ EXECUTION
•ICAP’sawardwinningelectronic trading platform for OTC derivatives, leading the electronicmarketininter-dealer EUR Interest Rate Swaps trading
•LaunchedSep2010with continuousstreaming marketmakersupportacross over 100 EUR swap, spread, butterfly,future-crossand basisinstruments
•Hybridmodelensures leadingliquidity,executionand transparency
•Accessedby40+worldleading banks and investment banks
©ICAP plc 2012. ICAP® and other service marks and logos are service marks of ICAP plc and/or one of its group companies. All rights reserved. Entities within the ICAP group are registered as applicable.
The information in this document is indicative for illustration purposes only and should not be relied on. No warranty or representation is given as to its accuracy. The actual functionality, and terms governing the use, of the platform are set out in the definitive, legally binding, documents relating to the platform’s operation with which participants are required to comply.
For further information please contact:
i-Swap TeamTelephone: +44 (0)20 7000 5180Email: [email protected]
Bloomberg: [email protected]: ISWAP ICAP
OTC Trading Platform of the Year, Risk Awards 2012
ICAP’S NEXT GENERATION IRS TRADING PLATFORM
