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ICor Brokerage provides electronic brokerage services for the global inter-bank foreign exchange options and interest rate derivatives markets. In addition to adding support for credit derivatives, the software offers expanded coverage of convertible bonds, foreign exchange options and interest rate derivatives, new support for municipal bonds and expanded coverage of exotic option models. OTC interest rate derivatives did not emerge until the early 1980s, but today these instruments are available and actively used in all of the major financial centers in North America, Europe, and Asia. |
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