TP ICAP Expands MATCHBOOK Rebalance in US

TP ICAP Expands MATCHBOOK Rebalance in US

24 Feb 2021

2 Minutes

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Electronic trading solution rolled out across High Yield and Emerging Markets with plans to launch into Investment Grade in Q1 2021.

TP ICAP, a leading provider of market infrastructure, has launched Matchbook Rebalance, an electronic trading solution that reduces residual risks in fixed income portfolios, in the US market. Rebalance is a pure-electronic solution, available across High Yield and Emerging Markets, with plans to also launch in Investment Grade products within Q1 2021. 

Matchbook Rebalance uses TP ICAP’s proprietary algorithmic trading technology, which allows clients to upload their entire portfolios onto the platform and manage their participation and results based on a choice of parameters and controls.

This new solution replaces the FUSION Scrapbook platform which was launched in 2018 by Oksana Cole, Head of US Matchbook Credit Sales, and her team. New and existing clients will now benefit from the Rebalance platform, which successfully launched across TP ICAP’s EMEA operations at the end of last year.

Fausto Serrano, Head of eCredit and Matchbook Rebalance Americas, said: Our network of corporate bond and emerging market traders is one of the largest in the US, and through Matchbook Rebalance we’re able to offer a high quality risk mitigation solution. Our business is focused on electronification and, through innovative platforms such as this, we’re able to make trading easier and more effective for our clients.

Matchbook Rebalance is operated as a regulated, pure electronic post trade solution.

About TP ICAP

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets.

Operating through our core brands, Tullett Prebon, ICAP, PVM, Coex Partners, Lois Capital Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology.  We provide comprehensive analysis and insight into market conditions and long-term trends.  We combine data, knowledge and intelligence into contextual insight and commercial guidance.

By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do.

Media Contact
TP ICAP
Laura Whybrow, Communications Manager
E: Laura.Whybrow@tpicap.com