Dealers warm to all-to-all CDX trading

Liquidity providers new and old want to build on Bloomberg Clob activity

all to all trading hots up

Not even a year has passed since the $1.87 billion antitrust lawsuit against dealers for limiting competition in the credit default swap market was settled, but already one of the banks caught up in the ordeal has gone out on a limb to propose changes to how derivatives based on indexes on the instruments are traded.

The head of credit market structure strategy at a US bank in New York says credit default swap indexes (CDX) are "very difficult" for market-makers to trade because there is a lack

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: