BGC Group, Inc. (Nasdaq: BGC), a World Business and Financial Technology Company, announced today the launch of Opti Match, the company’s new full -electronic trading platform for dollar exchanges offered via BGC derivatives, LP markets
Institutional investors can have access to OPTI match either immediately if they are SEF participants or through BGC or GFI Broker.
The OPTI race is designed to smooth out execution, enhance transparency and provide higher liquidity throughout the US Dollars Landscape and will initially support a comprehensive range of products, including:
- Sofr Flies & Spreads
- Bass Sofr Feds Bastion & FOMC
- FOMC Rates Sofr & Ois
- Cme/lch where and more switches
“The launch of the Opti Match highlights our continued investment in technology and our commitment to provide better solutions for our customers,” said Charles Veneziano, head of the BGC Group prices. “As a full service provider, we focus on providing our flexibility to choose how they market with us-completely electronically, hybrid or voice-by securing smooth connectivity and efficiency in any style of execution.”
Briana Grazioso, director of Esales at the BGC Group, will drive Opti Match and oversee the strategy, product development and customer adoption.
Bradley Barclay, a senior broker in the US interest rate exchange market, will participate in the BGC group with a particular emphasis on the development of the new platform. Mr Barclay was in the past in TP ICAP and brings 10+ years of deep market expertise and a powerful history at Interdealer Broking, further enhancing BGC’s capabilities in the US Dollar exchange area. He will report to Charles Veneziano, executive chief executive and head of the BGC Group.