Hello all,
I just had an interesting conversation with the good people from CMS. With Great Britain increasing their interest last week I was inquiring about their interest rollover swap policy, and when the CMS rates would be adjusted to reflect the new GBP interest rate. My 2 other brokers increased their interest rollover on GBP pairs. CMS actually reduced their interest rollover and made mention of the Japanese rate increase of last month....Blah, Blah Blah. Does anyone know who CMS uses to clear their trades? Isn't CMS their own clearing firm?
Someone enlighten me please.
I just had an interesting conversation with the good people from CMS. With Great Britain increasing their interest last week I was inquiring about their interest rollover swap policy, and when the CMS rates would be adjusted to reflect the new GBP interest rate. My 2 other brokers increased their interest rollover on GBP pairs. CMS actually reduced their interest rollover and made mention of the Japanese rate increase of last month....Blah, Blah Blah. Does anyone know who CMS uses to clear their trades? Isn't CMS their own clearing firm?
Someone enlighten me please.