Credit Derivatives Start Trading on Eurex

FRANKFURT—Germany-based international derivatives exchange Eurex, will debut the world's first exchange-traded credit derivatives contract tomorrow, Tuesday, March 27. Eurex officials say the new offering will allow the exchange to further leverage growth of the over the counter (OTC) markets.

According to Peter Reitz, member of the Eurex executive board, several banks are still in a testing phase for the futures, but it will have price providers on the exchange on Tuesday. "We are currently

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