UBS’s recently launched Price Improvement Network (PIN) for trading Credit Default Swaps (CDS) has been named 2012 Electronic Trading Platform of the Year by Derivatives Intelligence.
Single-dealer platforms were assessed in terms of multi-asset product offering, connectivity, execution and usability. The performance of the platforms were judged by end users, including private banks and wealth managers.
Other platforms considered were:
– Autobahn – Deutsche Bank
– BARX FI – Barclays Capital (built using Caplin Trader)
– MarketDirect – Royal Bank of Scotland (built on the Caplin Platform)
– Matrix – Morgan Stanley
The technology behind the PIN platform, was developed by US firm InterDealer Trading Solutions.
Filed under: Paul Blank, Single-Dealer Platforms, SWAPS, Technology Trends, Web trading technology |
SingleDealerPlatforms.Org 
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