Rates

The markets for rate products are among the largest, most liquid and highly flexible markets in the world and BGC has been a leading inter-dealer broker among them for almost two decades.

BGC's rates group includes the following asset classes:

• Government debt
• Interest rate swaps
• Interest rate options

In local and international government markets, BGC provides specialist intermediary broking services in cash and basis products.

The interest rate markets are constantly evolving and providing extraordinary flexibility for market makers and end users alike to hedge interest rate exposure and volatility risk generated through structured and vanilla flows.

BGC excels in the whole range of interest rate options (IRO) including caps/floors, swaptions and a variety of exotic options - from the more liquid constant maturity swaps (CMS), swaps/caps and floors and CMS spread options to the latest exotic market structures, including callable range accruals, quantos and inverse floaters.

Interest rate swaps (IRS) are the other key interest rate products for BGC where a close relationship between brokers trading short and long-term products enables them to provide a first-class service along the whole curve.