Interdealer broker Prebon Global Credit has launched PrebonEdge, an automated credit derivatives trading platform based on technology from UK-based Trayport.
The platform has been designed to integrate Prebon's core voice business with an on-screen trading application and is based on Trayport's Global Vision technology.
Tim Dennis, head of business development, Prebon Technology, says: "We are ideally placed to offer our clients the dual benefits of a high quality voice broking service and a screen based trading system."
Prebon has started live trading of European Indices on the platform, having rolled out the screen-based system to the majority of client sites. Coverage will be expanded to include single names by mid September, says Dennis.
The dealer has been using Trayport's technology in its energy business for the past two years.