Swapstream sPro Platform
sPro Demo
sPro Brochure
Overview
The sPro platform is the first electronic multi-dealer interest rate swaps trading system
specifically designed for the needs of the sophisticated professional trader. sPro allows you to
fully leverage the efficiencies of electronic trading without sacrificing liquidity and the variety
of products you want to trade. In addition, it allows you to input strategies across different
products in different currencies.
- The sPro system is an electronic marketplace for sophisticated and active professional
investors including hedge funds, prop desks, asset managers, etc.
- sPro provides STP capabilities and can be integrated with internal functions, such as risk
management, settlement and confirmation, and an open API (market data, curve contribution, trade
management, transaction data, credit upload) which allows participants to fully interact with the
platform without using our native interface.
- Thin client technology makes for effortless installation and maintenance with application.
Through leased lines (CME or Radianz network), or secured SSL or VPN Internet connection, the
platform runs through a thin Java-based Web browser application.
Products —
- Outright interest rate swaps
- Futures crossed swaps: 1- to 50-years maturities vs 3M or 6M Libor or Euribor
- Short-term interest rate swaps: 1-month to 2-years vs EONIA and vs 1M Libor or Euribor
- Direct and implied interest rate swap calendar and butterfly spreads on any of the above
products
Currencies — USD, EUR and GBP, with near-term plans for other currencies
Liquidity — Market maker streaming prices, enhanced by the depth of implied
liquidity and ability to Request-for-Stream on larger size or more complex
Charges — Very low transaction charges and flexible pricing based on self-selected
protocols
Key Functionalities — Unique permissioning system
- Multi streaming prices on plain vanilla products (Outright Swaps, Future Cross, Spreads and
Butterflies)
- One-way or two-way Request for Stream (RFS) on any combination of products
- Credit module via real-time updates via open API or spreadsheets
- Futures linked and futures cross orders with tick and time limits
- Work-up facility
- Negotiation and work-up facility
- STP-confirmation tickets integrated with SwapsWire
- Open API available for automatic download to front and back-office systems
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