SuperDerivatives has announced that its multi-bank multi-asset trading platform SDeX is now live. SDeX allows users to request tradable prices from all of their counterparties on any trade they can price in SDX, regardless of its complexity, and execute at the best price. Having priced the potential trade, from the simple vanilla swap to complex multi-legged structures, in SDX, users can get live quotes on SDeX, negotiate, trade and book all the trades into SDeX with a few simple clicks.
“Users really like having a single screen allowing them to reach all of their banks with one click. It ensures compliance with MIFID II and is under application to become a SEF. SDeX preserves the relationship between market makers and market takers and makes the whole trade execution process for complex derivatives much simpler and less risky,” said David Collins, Head of Strategy at SuperDerivatives.