Trad-X is the leading execution venue for EUR, USD and GBP Interest Rates Derivatives; our liquidity pool combines manually-inputted orders (via platform, voice or aggregators) with two-way streamed prices from the industry’s leading dealers. Our offering includes a fully-electronic D2C Central Limit Order Book (“D2C CLOB”) which enables dealers to provide liquidity to non-dealers; this unique solution is founded on a strict set of fair & objective criteria that differentiates those two types of participants. Amongst the number of features, it gives the ability to non-dealers to place resting orders into the order book. By adopting this model, we are seeking to provide a robust and cost-efficient alternative to the RFQ process. Our main orders books have now been live for over nine years, cementing our credibility and building a truly inimitable dataset of fully executable prices covering the entire period. Trad-X venues adhere to the strictest regulatory standards and operate under two regulatory structures – MTF (MiFID II) and SEF (Dodd Frank).
