Insider will launch derivatives-trading platform ODEX

03/11/2011 | AutomatedTrader.net

Raymond May, formerly a swaps executive at JPMorgan Chase, is preparing to launch ODEX, a type of derivatives-trading platform. May expects the platform, which is set to start next quarter, to benefit from the Dodd-Frank Act. ODEX, short for "open derivatives exchange," will initially handle interest-rate and credit derivatives, he said.

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