Indices merger boost volume
Financial Times July 2, 2004
Dow Jones Newswires
Creditex is discussed in this story that describes the increasing credit default swap index volume. Creditex CEO Sunil
Hirani is also quoted about the narrowing of the bid and offer prices, which signals the increasingly cost effective nature
of trading in the product. The story focuses on industry views that CDS index volumes will further expand as more CDS indexes
are available and as more participants tap the index products.
