Tyler Moeller, Chief Executive Officer, said, "With the upcoming changes in regulation, the need to deploy new sophisticated electronic trading technology is a major challenge faced by every swaps player, from top-tier global banks to small trading shops. The firms that invest in superior technology will benefit tremendously from the creation of these new electronic markets. With the powerful combination of Broadway's turnkey trading solutions and enterprise platform, The TOC™, now available for IR Swaps, our customers will have an immediate competitive edge."

Joshua Walsky, Chief Technology Officer, added, "Broadway has built a reputation for being innovative, painstakingly thorough, and consistently providing trading technology that encompasses regulatory foresight. Our technology allows our customers to effectively trade in regulated markets and adapt quickly as they evolve. I'm proud to announce that we will be launching IR Swaps in June and we have already been selected to be an integral part of the SEF strategy for top-tier financial institutions."

Broadway has brought its industry leading fixed-income and FX solutions to the world of IR Swaps, with advanced capabilities that can be easily installed in a few weeks. Features include sophisticated smart order routing among click to trade, central limit order book and RFQ destinations, STP, market data aggregation, spread trading, pre-trade risk limits, pricing and price distribution, and auto/manual rules-driven quoting. All of Broadway's trading capabilities are accessible via a single multi-asset class, multi-market trading GUI and accessible via The TOC, which provides a single API for companies to build their own integrated applications.