BGC Partners has completed its first fully electronic Euro Sterling interest rate option (IRO) trade. The trade was performed using BGC’s Volume Match tool on the BGC Trader platform.
Volume Match offers customers auction-style electronic trading across a wide range of asset classes, including credit default swaps, FX options, precious metals and interest rate swaps. BGC Partners now offers complete end to end electronic execution across over 75 out of nearly 200 BGC products.
Click here for the release from BGC Partners.