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Tradition, an interbroker deal, has launched its Elixium trading platform, which is expected to go live in May in a bid to meet a recent groundswell of demand for access to collateralized liquidity, per a recent Tradition statement.
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Elixium will operate as an EU-regulated multilateral trading facility (MTF), encompassing both collateral and secured deposits. The key impetus behind the development of Elixium has been a singular focus to address an open peer-to-peer (P2P) regulated marketplace. In tandem with this, ... (read more)