Following a successful rollout in the Asia Pacific and EMEA regions last year, and a beta test with select clients in the US, the Securities Network platform is now available to Credit Suisse clients across the globe.
The platform allows users to trade in a broad range of structured products, including equities, fixed income, and foreign exchange instruments, deposits, and warrants. Both real-time and historical pricing information, as well as other aggregate data, is available across all asset classes, and additional securities such as real estate derivatives are slated to be added to the platform later in 2007.
As the issuance market grows across various types of structured products, there is a commensurate need for a market in secondary trading of these securities, said Michael Clark, a director responsible for structured retail product distribution in the Americas at Credit Suisse. The Securities Network application answers the servicing, liquidity, and transparency demands by providing real-time pricing information, direct trading connectivity, and rapid trade execution on a simple but powerful platform.
