Derivatives Trading Goes Electronic
FRONT PAGE: DERIVATIVES TRADING TECHNOLOGIES
NEW YORK—Trading the lists of clients' offers wanted in competition (OWIC) and bids offers wanted in competition (BWIC) is now easier for derivatives-trading desks as various vendors have launched electronic trading offerings.
Creditex, best known for its derivatives trading platform that serves the inter-dealer community, recently completed a successful beta test of its Q-Wixx trading system with Cairn Capital, Credit Suisse, Deutsche Bank, Goldman Sachs and JPMorgan. The first successful trade
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