New Group To Handle Phone and electronic Trades
Financial Times - December 4, 2006
The story discusses the completion of the merger of Creditex and CreditTrade. Creditex is the leader in European credit derivatives while CreditTrade has a bigger presence in Asia and the US. The story quotes Creditex Group CEO Sunil Hirani
saying, "The goal is not to force electronic trades on dealers, and the merger with CreditTrade will allow us to provide
dealers with a choice of voice, hybrid or electronic execution. Irrespective of the manner in which the trade takes place,
dealers are demanding that all their trades get delivered to them via straight-through-processing links."
