JP Morgan forms credit index group

摘要

Jp morgan has created a global credit index group within its credit trading department, as the US bank seeks to tap into growing demand from real money for alternative ways of making bets amid decreased liquidity in fixed income, commodity and currency cash markets. The new group will combine the bank's market-making abilities for index credit default swaps, credit options and bond indices, with the idea that the move will help clients benefit from improved liquidity in derivatives products that reference credit indices.