Daily Management Review

In A ‘Strategic Collaboration’ - GTS & BNP Paribas


11/21/2017


In a brief announcement both the companies informed about their joint venture to improve and influence GTS’ technology and trading.



On November 16, 2017, the BNP Paribas made an announcement whereby revealing about its partnership with GTS as a ‘strategic collaboration”.
 
The said collaboration will open up a path of CO to influence the technology as well as the trading capacities of GTS.
 
In fact, BNP Paribas also informed that the capabilities of GTS, thus used by CO, will enable the latter to provide its clients ‘deeper liquidity, tighter spreads, besides improving ‘pricing in U.S. Treasuries Secondary Market’.
 
 
 
References:
reuters.com