Swapstream raises quote sizes

But while Swapstream director Andre Keijsers described the increase in quote size as an important stage in the platform’s evolution, he refused to provide details of trading volumes, customer numbers or the tightness of bid/offer spreads.

Dealers say trading on Swapstream has proven fairly sporadic, although they are happy with the overall development of the service. Trades of e200 million for 10-year swaps and e50 million for 30-year swaps happen "every now and again", said one un-named mar