Prime brokered trades debut on T-Zero

Prime broker JPMorgan and hedge fund Ilex Asset Management have processed the first prime brokered credit derivatives trades through online affirmation platform T-Zero.They just beat Merrill Lynch and BlueBay Asset Management to that record. Two more prime brokers and their clients are expected to join these four live clients soon, says a spokesperson for T-Zero in London.T-Zero has been developing the prime brokerage module in conjunction with a number of hedge funds and prime brokers for s