News/Technology
CDS portfolio trading platform hits market
Creditex launches online auction service for trading bulk CDS, named Q-Wixx, that it claims will cut costs and risk for dealers and CDO managers
ICICI signs up to Markit for CDS price data
ICICI Bank, India’s second largest bank with assets of more than $79 billion, has signed up to Markit’s credit default swap (CDS) pricing service.
Imagine Software snares another Asia fund
Sandringham Capital, a Sydney-based long/short fund that uses derivatives, will use software provided by New York vendor Imagine Software for its portfolio and risk management requirements.
Reuters launches on-demand risk tool for hedge funds
Data and technology vendor Reuters has released an application aimed at hedge funds that calculates portfolio risk measured across asset classes in real time.
S&P rolls out ABS performance tracker
Standard and Poor’s is the latest rating agency to enhance its collateralised debt obligation (CDO) surveillance, with a product designed specifically for the CDO investor.
ETG Capital opens energy hedge fund
Houston-based hedge fund firm ETG Capital Management has launched an energy fund.
Q-Wixx CDS platform is launched
Q-Wixx, the New York-based electronic platform for trading large portfolios of single-name credit default swaps, saw its formal launch yesterday evening.