MTS and WeMatch combine to launch euro swap MTF
New venue to start as interdealer but will soon take on Tradeweb in the dealer-to-client market
European government bond venue MTS has entered the interest rate swaps space, teaming up with fintech firm WeMatch to launch a venue that will start with the interdealer market before expanding to the dealer-to-client sector within the next year.
The Euronext-owned venue switched on the MTS Swaps multilateral trading facility (MTF) this morning (February 27). It goes live with around 10 dealers
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