A prominent global brokerage and financial technology firm has introduced Opti Match, an innovative fully electronic trading platform specifically for U.S. dollar swaps, available through its derivatives markets. This new platform is aimed at institutional investors who can access it either directly as SEF Participants or through brokers.
Opti Match is engineered to enhance the trading experience by streamlining execution, increasing transparency, and providing superior liquidity in the U.S. dollar swaps market. The platform will initially support a broad range of products, including SOFR Flies & Spreads, SOFR Feds Basis Term & FOMC, FOMC Rates SOFR & OIS, and CME/LCH Outrights & Switches.
The development of Opti Match reflects a commitment to technological investment and a focus on delivering high-quality solutions tailored to client needs. The platform allows clients flexibility in trading methods, whether they prefer fully electronic, hybrid, or voice trading, which ensures connectivity and efficiency across all execution styles.
The new business unit will be spearheaded by a Director of eSales who will focus on key areas such as strategy, product development, and client engagement. To further bolster this initiative, an experienced broker in the U.S. interest rates swap market will be joining the team, bringing extensive market knowledge and a strong history in interdealer broking. This addition is expected to enhance capabilities in the U.S. dollar swaps sector significantly.
The launch of Opti Match marks a strategic move in the evolving landscape of financial services, aiming to meet the growing demands of institutional clients for efficient and adaptable trading solutions. The initiative showcases the firm’s dedication to leveraging technology to improve service delivery and accommodate diverse trading preferences within the competitive financial market.