SwapsWire is the first and only electronic platform to provide a bi-lateral legal confirmation service in which all parties legally acknowledge a trade within minutes of execution. The system links hundreds of dealing desks worldwide through one simple interface.

Features

• Intelligent templates minimize data entry
• Chat facility for easy instant messaging
• Simple to track a trade’s progress and request revisions
• Support for interest rate, equity and credit derivatives through a single interface
• Handles all trades – both counterparts do not have to be connected
• Easy-to-use interface
• Retrieve historical deals from SwapsWire’s archive
• Full STP integrates simply with proprietary systems

Developed and supported by the biggest names in the derivatives markets, SwapsWire today has over 100 inter-dealer broker sites online worldwide. The service has quickly grown to become the industry standard for trade capture, verification and same day legal confirmation.

FpML^TM is a trademark of the International Swaps and Derivatives Association, Inc.