Stoxx
Stoxx appoints Manrique as CEO
Index provider Stoxx has appointed Ricardo Manrique as chief executive officer. Manrique, who will be based in Zürich, will report to the Stoxx supervisory board, which is composed of one representative of each of the joint venture partners. The board…
Equity meltdown causes "sheer panic" in credit trading
As the equity markets continued their freefall today, the credit default swap market took a lead in what was described by one trader as a morning of sheer panic.