The platform enables exchange participants to view market rates being offered through an open order book which establishes market-competitive terms for collateralised transactions
鈥淚t is always essential to provide our clients with new technologies and improvements to their service," says Jason Ang, program manager, TLM Collateral Management, SmartStream
The firm says portfolio trading accounts for 3.8 per cent of the US High Grade and US High Yield TRACE volume 鈥 a small but growing portion of the US credit market with approximately $1.5 billion in ADV