Credit Suisse Expands Credit Algorithmic Trading Platform CSLiveEx into High Yield Corporate Bonds

Credit Suisse Expands Credit Algorithmic Trading Platform CSLiveEx into High Yield Corporate Bonds

Credit Suisse Expands Credit Algorithmic Trading Platform CSLiveEx into High Yield Corporate Bonds

The FINANCIAL -- New York Credit Suisse announced the expansion of its credit algorithmic trading platform, CSLiveEx, into high yield corporate bonds.

In addition to offering clients access to 6,500 USD investment grade corporate bonds, CSLiveEx now makes markets in over 1,000 USD high yield corporate bonds, providing clients with fully automated, firm pricing.

As part of this expansion, Julian Pomfret-Pudelsky has been appointed Global Head of Credit Algo Trading in the Global Credit Products group at Credit Suisse. Julian started at Credit Suisse in 2013 in the bank's London office and relocated to the New York office in 2015, where he has been instrumental in developing the bank's credit algorithmic trading platform.

Credit Suisse launched its CSLiveEx algorithmic trading platform in the US in 2017. It automatically prices trades under USD 1 million notional value in investment grade corporate bonds and under USD 500,000 notional value in high yield corporate bonds. CSLiveEx provides firm, executable pricing to MarketAxess, Tradeweb, and Bloomberg.