Creditex Opens New E-Platform for CDS Trades
Financial Times - June 7, 2007
The story reports that a new electronic auction process for trading credit derivatives was launched.
It says this platform could be an "important cog" in the infrastructure of the fast-growing credit derivatives
market. Q-WIXX® is linked with T-Zero®, allowing trades between dealers and their clients to be checked. This helps with the
industry's operations challenges. The new platform has been tested and has the backing of many major dealers.