Trio Plans Swaps Platform for Europe

CONNECTIVITY

LONDON—European interdealer platform vendor MTS, electronics swaps platform provider ATFox and interdealer broker HPC announced that they have reached a strategic agreement to create a new electronic swaps platform for the European market.

The recently inked letter of agreement is expected to lead to an eventual partnership among the participants.

"MTS member banks have been seeking an electronic solution to swaps trading, which can work within the MTS framework," according to a statement from

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