Creditex Spins Off Q-WIXX® Execution Service For Large Credit Derivatives Portfolios
Wall Street & Technology - 21 December, 2007
Creditex is spinning off a new electronic platform for trading large credit derivatives portfolios.
The new service conducted its first beta trade with a portfolio valued at $1 billion of 131 North American and European credits.
The inaugural trade was executed with four major dealers and Cairn Capital, a large credit hedge fund.
