Inside these posts: OTC

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Trading in OTC interest-rate swaps set to start

Five Chicago trading firms will soon start an exchange to handle trading of over-the-counter interest rate swaps, according to a person familiar with the matter.

Getco LLC, DRW Holding, Infinium Capital Management, Chicago Trading Co. and Nico Holdings LLC received approval for a so-called exempt board of trade from the Commodity Futures Trading Commission several months ago, the source said. Get the full story »