Hosting Helps Primus Leapfrog Over Paper
TRANSACTION SYSTEMS
NEW YORK--Primus Financial Products, formerly known as E-Primus, a credit default swaps trading firm, says that using a hosting outsourcer has proven to be key to its initial success in its primarily paper-based niche business.
Primus officials say they are off to a healthy start since they launched into trading June 1 of this year. The firm, which began its funding search in June 2000, reports $1.3 billion in transactions over two months, comprising about 150 swaps on 90 names in 25 industry
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