WEST PALM BEACH, FL (HEDGECO.NET) – BNP Paribas has launched a new online trading platform. The new system called ‘CredIM’ is designed to help in the marketing �of corporate bonds, structuredcredit-linked notes, as well as equity and fixed income hybrid notes on a massive global scale.� The new CredIM trading platform is a unique product which provides a real-time liquidity and valuationservice to retail, private banks and other institutional clients according to released information.
Commenting on the new platform, Farid Amellal, Global Head of Credit Trading at BNP Paribas said: “In a more competitive environment where credit spread levels are tightening, the CredIM trading platform provides a quality service to BNP Paribas’ clients on all levels; from innovation and flexibility, to transparency and liquidity.”
The CredIM platform was constructed with the latest real-time technology. �It aims to provide direct link to the exchanges in 2005� according to the release, and �will aid fund managers in increasing transparency and liquidity�.
The release added, �The BNP Paribas Structured Credit Market-Making desk provides tight bid-ask tradable quotes on the LiveCredit real-time trading web-platform from 9am to 4pm London time. The same tight bid-offer quotes are published to Bloomberg (BPSC) and Reuters (CREDITTRADING).�
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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