Object Trading provides DMA to CurveGlobal

Clients using Object Trading’s DMA platform will have immediate access to CurveGlobal when it is launched on 26 September.

Object Trading’s clients will have immediate direct market access (DMA) to CurveGlobal, when trading begins on 26 September.

Users of Object Trading’s DMA platform will have access to CurveGlobal interest rate futures liquidity pool, alongside other exchanges already connected to the platform.

Director of strategy at the firm, Dan Hubscher, said both Object Trading and CurveGlobal “share the mission of supporting the buy-side and the sell-side with innovative products.”

He added that users, “can use any trading screen, work with any broker, and trade CurveGlobal on day one via the same, single normalised interface for DMA to the world’s venues.”

The London Stock Exchange’s (LSE) CurveGlobal was initially announced in October last year.

Its CEO, Andrew Ross told The Trade Derivatives his focus is on building liquidity ahead of the launch on 26 September.

He explained: “What I feel we need to do now is less building technical hardware and much more about what we have to sell and how to build up liquidity.

“That means more engaging with the client side and banking community rather than focusing on the very technical area of the internal build.”

Earlier this month, Object Trading announced it became the first vendor to provide DMA to the Australian Stock Exchange’s (ASX) recently upgraded ASX 24 platform. 

The new trading platform is set to go live in early 2017, with market participants of ASX 24 required to connect to a direct market access (DMA) platform.