e-MIDER is the first electronic organised Market for Overnight Indexed Swaps.
It was launched in November 2000, developed and tested by expert market dealers.
In a money market industry more and more focused on the perfect balance between liquidity, counterparty and rate risk management, a derivative market like e-MIDER is the natural complement to the e-MID deposit market.
This turns into growing liquidity, tighter bid and offer spreads, increased traded volumes.
e-MIDER is an efficient trading environment that, thanks to powerful functionalities such as Request for Quote, improves the market
flexibility and liquidity, reduces spreads and allows continuity in quotation.
85 members from 29 European countries and the US join the market.
e-MIDER has been recently listed as a Multilateral Trading Facility (MTF) in the international register of the Committee of European Securities Regulators (CESR).