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Tradition launches European high-yield desk

Interdealer broker Tradition has launched a new European high-yield cash corporate bond desk, adding to its existing coverage of US and Asian high-yield bonds.

Brian Modlock, head of desk, and Darren May join Tradition from MIS Brokers, and James Tabor and Abdalla Bachu have transferred internally to staff the desk. Tabor previously worked in repo and Bachu is a CDS specialist.

Tradition plans to

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