ABN Amro launches MiniSwaps contracts
ABN Amro has launched miniature versions of interest rate swaps contracts targeted at companies, fund managers and institutions that are prevented from trading derivatives for regulatory or other reasons.
“MiniSwaps open up the interest rate trading market for a range of new users,” said Robert Douch, global head of distribution in ABN Amro’s financial markets business. “In particular, those previously unable to access this market due to required credit lines, complex legal documentation or regulatory issues preventing their use of derivatives.”
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