Creditex and CreditTrade form Creditex Group
Bloomberg - July 24, 2006
Interdealer brokers Creditex and CreditTrade have agreed to merge, forming the biggest broker specializing in credit derivatives.
The deal brings together Creditex and CreditTrade and it elevates Creditex Group to one of the top three interdealer brokers
in the industry. The story also cites Creditex's innovation last years of forming and spinning out T-Zero®, a company focused
on improving the operational problems in the credit derivatives market.