Q-Wixx Targets CDS Data Transparency

The platform does not initially plan to archive quote-and-trade data to sell to the broader market. "We don't feel like we own the data… [but rather that it] belongs to the clients that gave it to us… both the dealers and the buy side," says Creditex chief technology officer Chuck Doerr.

Instead, captured data will be aggregated and presented to dealers and clients for trades in which they have participated. "We're giving them the facility to run sophisticated reports to turn this into manage