Gottex Brokers, a European over-the-counter (OTC) derivatives brokerage, has become the first Swapstream member to use the link between the global OTC derivatives trading platform and SwapsWire, the electronic communications network for the interest rate derivatives market.

In April, Swapstream reached agreement to interface with SwapsWire. Under the arrangement, deals executed on Swapstream will be fed into the SwapsWire network for trade capture and confirmation. The link provides Swapstream users with straight through trade processing.