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iTraxx interest

The depth and coverage of correlation trading is increasing in the Asian credit markets. Shane Dardis and Peter Zeitsch take a look at how this market is developing

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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

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