Credit Suisse is launching electronic trading of single name corporate and sovereign credit default swaps (CDS) on the Bloomberg Professional service. The move will allow its clients to execute fully electronic trades of single name CDS with Credit Suisse’s credit derivatives desk on any desktop computer through Bloomberg Anywhere by going to CSDS.

The bank’s electronic CDS trading service is part of its Credit Suisse PLUS, a source of client focused electronic solutions that span research, analytics and trading. The bank, which is initially offering select European industrial and sovereign names, will follow soon with additional European corporate sectors. Credit Suisse has introduced electronic trading of major CDS indices in Europe and the U.S.

Click here for the release from PR Newswire.