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Tradition using Kalahari for pricing

Interdealer broker Tradition in New York is now implementing UK-based pricing software firm Kalahari’s kACE application for interest rate options, US dollar capital markets and money markets.

Following installation for those products, the application will be rolled out for FX arbitrage and forwards desks, Kalahari said in statement last week.

"We chose kACE as the solution to our needs because it provides great flexibility as well as very comprehensive in