Credit Suisse Launches Onyx Algo Trading for Fixed Income

Officials from the investment banking arm of Credit Suisse announced today the launch of Onyx, an algorithmic trading platform for fixed-income instruments.

Onyx will allow clients to trade cash US Treasuries directly with Credit Suisse for the first time. "Previously, clients had to choose between using an algorithmic execution strategy and trading directly with an actual market-maker—Onyx serves both purposes," says a bank spokesperson.

Orders submitted electronically via Onyx will interact with

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