Traiana, a provider of post-trade solutions, has expanded Harmony’s contract-for-difference (CFD) equity swap network to buy-side firms. Harmony now offers buy-side firms and their banks a cross-asset post-trade solution for FX and FX derivatives, exchange-traded derivatives, CFD equity swaps and cash equities.
Harmony now automates the entire CFD equity swap lifecycle, including trade give-ups, client-to-broker allocations and the client-to-bank swap confirmation processes. It also provides client service solution for banks to extend to their clients. The Traiana Harmony Network connects more than 500 global firms.
Click here for the release from Traiana.