BarCap launches first single-dealer electronic platform for euro swaps

Jerry del Missier, BarCap’s global head of rates in London, said the new platform, which is available free to the bank’s clients, will bring increased liquidity and efficiency for investors seeking to trade in the interest rate swaps market. The bank said it eventually intends to expand the platform to include dollar-denominated swaps and swaps in other currencies, and may in the future also enable participants to trade more exotic products.

The platform is targeted at financial institutions