Opening the door to credit

Cover story

Structured product manufacturers and distributors are rubbing their hands together in anticipation that 2007 could be the year in which products linked to credit derivatives break decisively into the investment mainstream. In a development that will lend even greater liquidity to the already burgeoning market, the Chicago Mercantile Exchange (CME) has filed an application with the Commodity Futures Trading Commission to list credit derivative futures, and hopes to be selling the products soo

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