Pennsylvania-based Internet Capital Group (ICG) has taken a 15% stake in Creditex Group, just days after it was formed from London-based interdealer broker CreditTrade and New York-based credit derivatives trading platform Creditex.
New York-based technology firm T-Zero has announced its prime brokerage electronic affirmation utility has been used by a JP Morgan client for the first time.
London-based interdealer broker CreditTrade and New York-based credit derivatives electronic trading platform Creditex have announced they will merge to form a single company to offer voice and electronic execution services in the fast-growing credit...
London-based inter-dealer broker CreditTrade has adopted straight-through processing by teaming up with London-based technology firm T-Zero. Within the next few weeks, banks will be able to streamline the processing and confirmation of credit derivatives...
Inter-dealer broker Icap is raising the stakes in the competitive structured credit broker market with three new appointments – two of which were poached from rival CreditTrade.
Axiom Global Partners, the New York-based inter-dealer brokerage, has launched its electronic credit default swap (CDS) broking platform in the London market.
Icap has launched an electronic credit derivatives trading service via its BrokerTec platform, which typically handles Treasury bond and repo transactions.
Prebon Marshall Yamane has opened a credit derivatives desk in London, having sold its original team to CreditTrade, the online credit derivatives trading portal, in February 2000.
Rating agency Standard & Poor’s (S&P) has appointed Krishna Biltoo, former head of information services at credit derivatives inter-dealer broker CreditTrade, as a managing director of its securities services, Europe.
CreditTrade, the London-based inter-dealer broker and provider of credit derivatives data, has launched its new web-based data service, CreditTrade Insight.
CreditTrade, the London-based inter-dealer broker and provider of credit derivatives data, has signed an agreement with Reuters, the UK information and technology group, to distribute CreditTrade's benchmark credit derivatives data via its screens.
A new survey by the New York-based Bond Market Association (BMA) has found 81 electronic trading systems currently operating in the US and Europe versus 79 last year, indicating some stability in the e-trading arena.
CreditTrade, the London-based interdealer-broker and provider of credit derivatives data, plans to launch a new web-based data service, CreditTrade Insight, early next year.
Effective regulation emerged as a key theme for the development of the credit derivatives industry, according to an industry discussion forum hosted by inter-dealer broker CreditTrade in London last night.
Electronic credit derivatives broker CreditTrade and financial software provider Reech Capital are combining pricing resources to offer a single service for valuing credit default swaps (CDSs).
Credit derivatives inter-broker dealer and data provider, CreditTrade, and UK pricing company Totem Market Valuation, have launched a consensus-based, mark-to-market pricing service for banks.
New York-based financial analytics company RiskMetrics, is to integrate benchmark and historical data from CreditTrade, the credit derivatives transaction, data and information services provider, into its DataMetrics product.
Concerns over credit event definitions and the Basel Committee’s ‘ w ’ capital charge on credit mitigation instruments will not be easily resolved.