Cantor Market Data, the information division of Cantor Fitzgerald Securities, has partnered with the US and UK subsidiaries of rival broker, Compagnie Financire Tradition, to create a combined US cash and swaps product in the first joint venture between the competing brokers.

The agreement will see Tradition provide the US firm with its US dollar interest rate swap prices. Cantor will add these to its its own prices for US treasuries, and have the exclusive licence to sell the products on through its subsidiary, Cantor Market Data.