They will support innovation in emerging markets credit trading.
Buy-side firms now execute 45% of their interest-rate swaps electronically.
This will strengthen Singapore’s proposition as a leading FX hub in the Asian time zone.
Asset managers are using RFQ-hub to electronically negotiate derivatives transactions.
The Eurodollar options pit, which reopened last August, will remain.
Technology will advance trading relationships with minority-, women- and veteran-owned broker-dealers.
The combined company, TS Imagine, will be an end-to-end trading and portfolio management software platform.
Average daily volume was $1.06 trillion for the first quarter.
Venue could become a global multi-asset class institutional network over the next few years.