18 April 2013

Javelin Capital Markets Opens Office in London

New York and London - 17 April 2013 - Javelin Capital Markets, an interest rate swap and credit derivatives trading venue today announced that it has opened an office in London. Located within the City, Javelin's EMEA operation will be led by Dan Moon, formerly of HSBC London and Bank of America.

"We are pleased to have someone with Dan's experience leading our efforts in Europe," said James Cawley, Javelin's CEO based in New York. Javelin has seen a spike in demand from end users in the U.S. and Europe ahead of final mandatory trading regulations in the United States. 

"Based on solid demand from European customers, it made sense to accelerate our European deployment," explained Dan Moon. 

"A number of institutions in Europe have realized that the swaps markets are evolving and will offer customers more choice," said Moon. "Javelin's innovative platform has been well received due to its dedicated liquidity, market transparency and certainty of clearing." 

Javelin Capital Markets, LLC was formed in 2009 as a derivatives execution platform for Interest Rate Swaps and Credit Default Swaps. Javelin offers both anonymous electronic and voice-hybrid methodologies for trade execution. Javelin works with several execution and agency swap partners to ensure optimal liquidity for its diverse customer base. Javelin will register as a SEF, or Swap Execution Facility, under the Dodd Frank Act as soon as the SEF rules are finalized. 

Source: Javelin Capital Markets