Calyon has become the sixteenth member of LiquidityHub, the e-trading consortium.
LiquidityHub was established in 2006 as a way for banks to pool liquidity and market data in support of electronic trading in the fixed-income markets. It is not a trading platform per se.
European interest rate swaps will be the first product that LiquidityHub will support when it launches. Users will access the product through Bloomberg and Reuters.
The other 15 owner-banks are ABN Amro, Bank of America, Barclays C