LiquidityHub Limited, a consortium of leading banks aggregating liquidity and market data in support of electronic trading in the fixed income markets, today announced the addition of Calyon as an owner bank.
This brings the number of banks who own LiquidityHub to sixteen, ahead of LiquidityHub's launch.
"Electronic trading is a key growth area for Calyon" said Nick Green, Global Head of Interest Rate Derivatives e-Business. "LiquidityHub's multi-distributor model is an important initiative and one which we believe will play a central role in the further expansion of electronic trading. We are delighted to be joining this exciting venture which will provide a further avenue for our clients to access Calyon's liquidity and competitive pricing."
Robert MacLeod, CEO of LiquidityHub, said: "We are pleased to welcome Calyon to LiquidityHub. The addition of another leading dealer underscores our commitment to creating deeper pools of fixed income liquidity, starting with European interest rate swaps at launch. Our scalable architecture will be leveraged to add further asset classes over time to broaden our e-trading community."