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Correlation specialist leaves Creditex
Thursday, January 21, 2010. Mike Peterson
Eymen Errais, a broker at Creditex in New York, is understood to have left the firm. He is thought to be moving to a new position at another firm, but details are not currently available. At Creditex, Errais specialised in correlation products. As well as working on standard index tranches he was one of the few interdealer brokers specialising in off-the-run tranches and bespokes.
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Structured
Issuers
CFlux secondary
CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
is this really worthy of being on the site?