BoA takes SwapsWire for Mexico

Bank of America has started using swaps processing service SwapsWire for its emerging markets desk in Mexico City.

It becomes the ninth bank to take the Mexican peso swaps service, which SwapsWire launched in 2005.

The bank, which already uses SwapsWire for all interest rate products globally and for equity derivatives in Europe, has also started using the service for its mortgage desk in New York.

“We’ve been very pleased with SwapsWire thus far, and have yet to transact with a counterparty who

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