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CreditTrade Launches First of Three

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CreditTrade, a London-based interdealer broker and provider of credit derivatives data, has launched Credit Accord, its new joint pricing service with Totem Market Valuations, and it plans to introduce two more products before the year is out, says Krishna Biltoo, head of product development and responsible for data sales at CreditTrade.

Credit Accord provides reference pricing on about 1,000 credits based on prices from nine undisclosed banks, which contribute their prices twice a month.

Credit

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