Creditex, the inter-dealer brokerage and electronic trading platform, and the Depository Trust & Clearing Corporation (DTCC), the US clearing organisation, are throwing their weight behind the new credit derivative index markets, launching new electronic ventures to service the products.

Creditex has launched the first electronic platform for trading credit default swap index products, while the DTCC is to extend its matching service to include credit default swap index products during the second quarter of this year.