ICAP Hong Kong Uses Kalahari for Asset Swap Pricing
At 01 Sep 2004 14:03:55 in MDI-Asia Focus, Market Data Insight
The Hong Kong office of ICAP PLC has become the first client of Kalahari’s new real-time bond and asset swap pricing system. The platform allows traders to price as many as 200 bonds and asset swaps simultaneously. ICAP was seeking to reduce the time it took to price large quantities of Asian Yankee/Eurobond issues, and to reprice each time the market moved. The new Kalahari system complements the company’s Kace pricing and analytics system, which is also used by ICAP.







