Technology development of the Year

Volume Match

In a market starved of liquidity, BGC Partners has provided an essential lifeline to interdealer traders struggling to complete credit default swaps (CDS) trades through its Volume Match service. Volume Match comes as part of BGC Trader, the interdealer broker’s multi-asset anonymous hybrid trading platform, and was hailed by one client as “one of the most significant technological developments of the past two years” for its contribution to liquidity in an otherwise cash-strapped en