Index Trading Platform
April 2004 issues -- Credit and US Credit
The story discusses the launch of electronic trading for credit default swap indexes. The story discusses the main features
of e-trading -- price and trade transparency as well as intra-day and end-of-day electronic feeds of live index prices and
trade confirmations. The story quortes Creditex CEO Sunil Hirani commenting that the efficiencies of CDS index trading will
increase liquidity in the market and reduce trading costs.
