The client executes the trade and simply sends the recap to Point Nine who handle it from there on. The client is notified to authorise payment after reconciliation. The client’s involvement is minimal and usually necessary only in the event of a mismatch. The full range of instruments is covered from equities to complex credit derivatives. “This service leverages our expertise in the credit derivative market because you have to be able to handle the complex as well as the vanilla instruments to provide a full service.” Comments Len Fricker of Point Nine.
No problem ... Login or Register to receive our free daily newsletter
As a registered member you will also be able to:
■ Visit other company pages
■ Search the guide for products, events, news, keywords, etc.
■ Apply for jobs
■ Post RFI/RFPs
■ Comment on press releases