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Traiana’s Harmony network gains traction
14 June 2012
The Traiana Harmony CFD equity swap network has increased its number of participants
Traiana has added several executing brokers and prime brokers to its Harmony CFD equity swap network over the past year.
The network has added 26 executing brokers for give up processing, and 11 prime brokers for enhanced client servicing for buy-side clients. These prime brokers include Barclays, Bank of America Merrill Lynch, Credit Suisse, Deutsche Bank, JPMorgan, Morgan Stanley and UBS, who are rolling out the solution to their clients.
The network now has more than 85 executing brokers and 14 prime brokers.
Paul Marchington, Emea distribution for global synthetic equities at UBS, said Traiana’s Harmony swap trade messaging solution allows it to meet its clients’ expectations for same day equity swaps booking and matching.