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Creditex, CreditTrade Merge to Provide Multi-Channel Execution For Credit Derivatives

Creditex Inc. and CreditTrade Inc. have agreed to merge, creating a combined entity expected to handle more than $2 trillion in notional credit derivatives in 2006. The new company – Creditex Group – will offer interdealer broking using voice, electronic and hybrid trading capabilities, with an aim to provide liquidity across all credit derivative sectors and products.



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