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Article: BGC to Launch First Integrated Voice and Electronic U.S. Dollar Repo Trading Platform for Primary Dealers.
- Article from:
- Business Wire
- Article date:
- December 13, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK & LONDON -- BGC, a leading inter-dealer brokerage firm providing integrated voice and electronic services to wholesale fixed income, interest rate, foreign exchange and derivatives markets worldwide, today announced that it will be launching the first integrated voice and electronic U.S. Dollar repo trading platform for the primary dealer community. BGC intends to go live with the platform early in the first quarter of 2006.
During the initial roll-out phase of BGC's integrated U.S. Dollar repo trading platform, primary dealers will be able to execute and process Overnight and Term Specials, Treasury Bills, and Off-The-Run Treasury repo trades either ...