Reuters and Yieldbroker establish Australian fixed income trading link

Source: Yieldbroker

Reuters Australia Pty Limited and Yieldbroker Pty Ltd today announced that they have agreed to offer a trading link between their respective fixed income data, news and information systems.

The link allows Reuters 3000 Xtra users throughout Asia to execute trades through the 'Yieldbroker DEBTS' trading platform, providing investment managers with convenient access to premium fixed income pricing and order execution in a transparent international marketplace.

Yieldbroker DEBTS is the leading client-to-dealer trading platform in the domestic Australian fixed income market, servicing over 45 major domestic financial institutions.

Commenting on the partnership Yieldbroker's General Manager, Richard Swift said; "The partnership harnesses the strength of our platform for Reuters international clients and brings easy trading in Aussie denominated debt securities to customers around the world. We are pleased to offer Reuters customers a seamless electronic interface with our existing liquidity pool".

Diccon Close, Managing Director of Reuters Australia added: "Yieldbroker and Reuters Australia have a long established relationship, working together to serve the information and analytical needs of the Australian debt markets. The expansion of this relationship in offering a trading facility is an obvious and exciting evolution. The partnership will also help enhance Reuters 3000 Xtra's position as the most relevant tool for Australian debt market participants throughout the Asia Pacific region".

Reuters 3000 Xtra gives market professionals a commanding view of the global real-time financial arena and provides a combination of news, information, analytics and insight as well as access to the global Reuters trading community. Reuters 3000 Xtra provides customers in fixed income markets with news, forecasts and market reports on the bond markets as well as real-time prices from over 1,800 contributors and unique content sets from best in class content providers in CDS, Credit and Rates Markets.

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