Automation at Hand for CDS Platform Trading
HedgeWorld.com - June 5, 2007
A new platform to automate trading of large portfolios of single-name CDS has been launched with
extensive industry support. A dozen major dealers use it or plan to. Q-WIXX® will reduce trading time for the typical portfolio.
Tim Frost of Cairn Capital notes that the new system "can change how we do business" and make the market more efficient.