Yieldbroker, Australia’s leading OTC interest rate exchange, has released its new dealer to client AUD derivatives platform. This is a significant development in Australian fixed income trading market, as the vast majority of transactions in AUD and NZD interest rates derivatives are currently traded over voice.

Yieldbroker plans to leverage the strengths in its dealer to client bond platform and inter dealer derivatives platform to deliver the same high levels of transparency, transactional efficiency and regulatory compliance to buy side clients for AUD swaps.

Initial functionality will allow fully bespoke swap transactions to be sent from clients to Yieldbroker’s participating banks and will include support for IRS, OIS, SPS and Basis Swaps.

Further products under development include support for asset swaps and functionality which will allow trading on existing coupons, which is becoming a global standard in transacting. The platform is also being designed to be fully compliant with the increasing global regulatory framework for financial markets – namely RG97 domestically and Dodd Frank and MiFID II from offshore, all of which have a large impact on local derivatives markets.

If you have further questions or interest in the client derivatives product please contact our Business Development team at BusinessDevGroup@yieldbroker.com