Inter-dealers build fierce competition
Euromoney - December 2004
Inter-dealer brokers are competing for market share in electronic credit derivatives trading. Creditex has taken the lead
by launching Creditex RealTime, which combines order entry and management, automatic trade execution, real-time market data
and trade confirmation. Celent Communications says that, by July, Creditex had an approximate 25% market share of index trading.
Market participants are quoted in the story saying that Creditex technology has been very strong and expressing confidence
in the firm's continued ability to innovate and lead.
