TradeWeb Launches CDS Feed

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Bond platform Thomson TradeWeb has launched a feed of credit default swap market data that it hopes will increase liquidity and transparency in the CDS market. The feed accompanies TradeWeb’s new online credit default swap trading platform.

"The CDS market has grown phenomenally over the last five or six years… but the operational side of the business has been unable to keep up," resulting in processing times of up to a month, says Jack Mahoney, director of research and marketing at the vendo

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