Creditex offers a leading electronic venue for trading credit default swaps (CDS) and corporate bonds.
Creditex pioneered electronic CDS trading more than a decade ago with the introduction of its RealTime execution platform for interdealer trade execution in credit. In 2015 Creditex expanded into serving the bond market, through the launch of ICE Credit Trade, a leading electronic platform for trading investment grade and high yield corporate bonds. Creditex RealTime is used by the world’s top financial institutions.
Delta-Neutral Auctions (DNA) are also offered through the Creditex platform, which provide jump-to-default risk reduction. DNA switches between multiple counterparties to reduce unwanted curve risk while maintaining a risk-neutral portfolio. This market-leading product has reduced trillions in notional value of risk since inception.
Creditex provides comprehensive straight-through processing (STP) services for electronic, trading via the ICE Link STP Service. This enables Creditex to provide clients with the benefits of ICE Link's market-standard connectivity and the expertise of their dedicated integration and STP support team. The net effect for Creditex's clients is a higher level of service, reduced development cost and a faster time to "go-live". Visit ICE Link for more information.
ICE Credit Trade offers dealer to dealer trading for investment grade and high yield corporate bonds.
CEP provides continuous, independent evaluated pricing for fixed income instruments, covering more than 2 million securities.
ICE leveraged its OTC market history with its credit expertise to become a leader in trade processing and risk management for the global CDS market.