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SwapsWire New York Office Expansion

01 April 2006
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SwapsWire has relocated to larger offices in order to accommodate its expanding staff in New York. The new offices will allow SwapsWire to double its headcount in New York. Headcount increase is expected due to a rapid increase in client demand, accompanied by increasing transaction volumes.

Swapswire added Trina Brown to the account management team in February, in response to the expanding pipeline of new clients. In March, SwapsWire again saw record volumes and added 11 new participants to the system.

The relocation has been completed effective April 18th. Our new contact details are:

Claire Lobo
646-429-1725

SwapsWire
28 West 44th Street
16th Floor
NY, NY 10036

About SwapsWire

Since 2002, the SwapsWire system has been automating legal confirmation, trade capture, and broker confirmation for multiple OTC derivatives products including interest rate swaps, forward rate agreements, overnight index swaps, caps, floors, swaptions, credit default swaps and equity options. Today hundreds of sell-side, buy-side, and inter-dealer broker sites in Europe, Asia and the USA use the system. SwapsWire was winner of the Risk Awards 2005, Technology Platform.

SwapsWire is owned by a consortium of 21 leading derivatives dealers: Bank of America, The Bank of Tokyo-Mitsubishi UFJ Ltd., Barclays Bank, Bayerische Hypo-und Vereinsbank, BNP Paribas, Calyon, Citigroup, IXIS Corporate and Investment Bank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC Bank Plc, J.P. Morgan Chase & Co., Lehman Brothers, Merrill Lynch, Mizuho Capital Markets, Morgan Stanley, The Royal Bank of Scotland, Societe Generale, Sumitomo Mitsui Banking Corporation, and UBS Investment Bank. For more information on SwapsWire, visit www.swapswire.com

Media Contacts:
SwapsWire Henry Hunter +44 (0)20 7071 0119
Amy Mihalakis 07970 050 828

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