BGC Group Launches First Fully Electronic Platform for U.S. Dollar Swaps
BGC Group, Inc. has introduced Opti Match, a groundbreaking fully electronic trading platform for U.S. dollar swaps. The platform, offered through BGC Derivatives Markets, L.P., aims to revolutionize institutional trading by enhancing execution efficiency, transparency, and liquidity.
Opti Match supports a range of products including SOFR Flies & Spreads, SOFR Feds Basis Term & FOMC, and CME/LCH Outrights & Switches. Institutional investors can access the platform directly as SEF Participants or via BGC or GFI brokers.
"Opti Match reflects our relentless focus on technological innovation and client-centric solutions," said Briana Grazioso, Director of eSales at BGC Group. The platform offers flexibility across electronic, hybrid, and voice execution methods.
Bradley Barclay, a seasoned broker in the U.S. interest rates swap market, joins BGC Group to drive the platform's growth. This MOVE signals BGC's commitment to dominating electronic trading in derivatives.