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Dealer Brokers Creditex and CreditTrade Merge
HedgeWorld - July 25, 2006

Creditex and CreditTrade have merged, citing their ability to deliver complementary strengths. The story cites Creditex CEO Sunil Hirani on the benefits of the deal. It also quotes Aite Group senior analyst Brad Bailey saying that the new company will likely rank number one in credit derivatives indices, structured credit derivatives product brokerage and electronic trading.

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