Mutant's Internet-Based Credit Trade Streamlines Credit Trading Process


LONDON--Credit derivative traders may now conduct business over an Internet-based credit derivative trading service that streamlines the trading process by allowing traders to post both the trade details and the documentation, instead of the time-consuming process of communicating the information separately.

Mutant Technology built the service known as CreditTrade, which went live on July 27 after a trial period in which the service was tested by a number of institutions including Chase Manhattan

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