New fixed-income interface for Australia's banks

Yieldbroker, an Australian electronic trading platform, has linked up with OmgeoÆs trade confirmation service, Omgeo OASYS GlobalSM. Fund managers and brokers can use the new interface to streamline fixed-income related trades, bypassing some of the steps that are traditionally performed manually.AustraliaÆs Macquarie bank is the first to implement and go live with the new platform, which is expected to help to eliminate manual errors and reduce post-trade operational risks, the duo s…