Yieldbroker Email Format
Financial ServicesNew South Wales, Australia51-200 Employees
Yieldbroker operates established electronic markets for Australian interest rate securities and derivatives. We provide the market knowledge, regulatory oversight and technology infrastructure that has driven the growth of electronic markets as an efficient alternative to traditional over-the-counter methods. Founded in 1999 by leading banks in local debt markets, Yieldbroker holds an Australian Markets License and is regulated by the Australian Securities and Investments Commission (ASIC). Today, more than 140 major financial institutions access over 1200 debt securities and OTC interest rate derivatives on our exchange, trading approximately $7 trillion annually. Yieldbroker has the agility to introduce better solutions as markets evolve; combining our IT expertise with the understanding we gain through working closely with market participants. We have developed a world leading auction platform that governments now use to tender their debt securities, bringing substantial savings to the Australian Commonwealth and State Governments. The Reserve Bank of Australia also uses Yieldbroker to conduct market operations. The depth and thoroughness of our pricing information has made Yieldbroker the source for benchmark valuations for local interest rate securities. We provide the mechanism used to set the expiry price of local bond futures contracts. The Australian Financial Markets Association (AFMA) uses our pricing when determining the Bank Bill Swap Rate (BBSW), the official benchmark for floating rate bonds and other instruments. Through 20+ years of innovation, our dealing solutions and infrastructure have brought efficiency to debt trading in Australia. We continue to make markets more competitive, efficient, transparent and liquid, providing better pricing, lower trading costs and reduced operational risk for all participants.