Prebon Dives Into Credit Derivatives

FRONT PAGE TRADING FLOOR TECHNOLOGIES

LONDON—Interdealer broker Prebon Yamane hopes to jolt the hot credit derivatives market with the unveiling this week of an electronic platform for trading credit derivative products, dubbed PrebonEdge.

The platform will be offered to the market through Prebon Global Credit, a division of Prebon Yamane. The broker is slated to merge with Collins Stewart Tullet (DWT, May 31).

The announcement follows an earlier move by rival firm GFI (DWT, Aug. 23). However, while GFI began by listing

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