
iTraxx interest
Correlation trading

Correlation trading in Asia underwent interesting changes in 2007, and the market has continued to develop early this year. While still a small market relative to Europe and North America in terms of volumes traded and the number of participants, there have been increases in the depth and coverage of the market.
This is reflected in the expansion of the underlying indexes - the number of reference entities in the standardised indexes - iTraxx Asia excluding Japan and iTraxx Japan - rose
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