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Trading
TriOptima says has eliminated $5.5 trillion in CDS this year
Wednesday, April 8, 2009
Trioptima has announced that it has eliminated $5.5 trillion in notional credit default swaps in the first three months of 2009 through its triReduce trade compression service. The company says it has carried out 12 compression cycles for US and European indices, tranches, ABX and emerging markets credit default swaps this year. It says it offered 50 cycles in 2008.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
