Credit Derivatives Brokers to Merge
Financial Times - July 24, 2006
Creditex and CreditTrade are set to announce a merger, creating a challenger for the global market leading position in
the industry. The move underscores the rapid development of the credit derivatives market and the growing importance of electronic
trading and trade processing. The story quotes Aite Group senior analyst Brad Bailey as saying that the deal gives Creditex
and CreditTrade the scale they need to compete effectively.
