NEW YORK, NY. December 2, 2014. Javelin Capital Markets, LLC (“Javelin”) announced today that Credit Suisse’s PrimeTrade connected to Javelin’s swap execution facility, Javelin SEF, LLC (“Javelin SEF”). The connecting platforms will provide Credit Suisse’s customers with full access to Javelin SEF’s liquidity pool of Interest Rate Swaps (IRS), Market Agreed Coupon Swaps (MAC), and IMM Swaps.
Credit Suisse PrimeTrade is a real-time, global trading platform that provides enhanced electronic access to listed derivatives, cash equities, US treasuries, EMEA Sovereigns, Emerging Bonds, as well as Foreign Exchange products.
Through its wholly owned subsidiary, Javelin SEF, Javelin offers institutional customers actionable and anonymous prices for Interest Rate Swaps through both Limit Order Book and “Request for Quote” execution methodologies.
Javelin’s CEO, Wally Sullivan said, “Credit Suisse is a leader in the global derivatives market. CS PrimeTrade’s aggregation model and first-rate Trading Algo’s will become important tools in the Buyside’s transition to CLOB trading.”
About Javelin Capital Markets
Javelin SEF, LLC is a subsidiary of Javelin Capital Markets, LLC which was founded in 2009. Javelin SEF, LLC is a derivatives trade venue that focuses on the execution of Interest Rate Swaps. Javelin SEF, LLC works with several execution partners to ensure optimal liquidity for its diverse customer base. Javelin SEF is one of the first platforms to register as a Swap Execution Facility under the Dodd Frank Act 2010 with the CFTC, and received a temporary SEF license in September 2013. For more information, please see www.thejavelin.com.