London Stock Exchange launches large interest rate derivatives company

CurveGlobal is supported by the LSE and banks and is expected to come onto the market in the second quarter of 2016

The London Stock Exchange Group plans to create a new interest rate derivatives company called CurveGlobal that will initially aim to offer short-term interest rate futures. The new company will be backed by several banks including Bank of America Merrill Lynch, Barclays, Citi, Goldman Sachs, JP Morgan and Société Générale.

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