electronic battle heats up
Financial Times – 27-JULY-2006
The story says that the merger of Creditex and CreditTrade will intensify competition for electronic trading. electronic
trading has been catching on for highly liquid credit derivatives like indexes. electronic trading offers electronic processing.
The story quotes Creditex CEO Sunil Hirani saying that "customers have been clamoring for a choice of voice, electronic
or hybrid brokerage," and we have responded to their needs. The Creditex and CreditTrade merger will benefit from the
respective firms' geographic strengths.
