TradeWeb goes head-to-head with T-Zero

Thomson TradeWeb is rolling out a new post-trade service for processing credit derivative and corporate bond transactions next month.

The new platform, CreditXpress, will go head-to-head with T-Zero, the credit derivatives processing service that launched in July 2005, spun out from parent firm inter-dealer broker Creditex. Trades may be processed on CreditXpress irrespective of where they have taken place, whether voice or electronically executed transactions.

The new service results from

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