Virtu Financial backs Gmex swap future

One of the world’s largest electronic marketmakers is to support one of Europe’s new swap future products

Monday 12 January 2015 at 17:00

Virtu Financial, one of the world’s largest electronic marketmakers, is to support one of Europe’s new swap future products, lending further support to this fast-growing corner of the derivatives market.

Virtu said it would become a liquidity provider to Gmex, the fledgling derivatives exchange backed by Deutsche Börse. Virtu is already a liquidity provider for swap futures traded by the US market Eris Exchange.