SwapsWire announced Wednesday that it has added a Japanese OTC equity options service to its product lineup.
Starting in July, four dealers and four inter-dealer brokers will use the service to confirm their trades electronically.
Several more dealers have already expressed interest in the equity service because, SwapsWire says, the new service is the first of its kind in Japan.
SwapsWire is designed to capture, verify and confirm deals within minutes of their execution, and the program is already in use in Europe and the US.