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Creditex, Inc.

Details

Sector(s) | Subsector(s) Technology | Financial Technology
Investment Year 2005
Status Past | Acquired by IntercontinentalExchange, Inc.
Location New York, NY
Region North America

Creditex, during TA's investment, was a provider of electronic execution services in the credit derivatives market in London and New York.

Creditex at the time offered straight-through processing and market standardization initiatives, allowing its client base to increase trading volumes, while reducing operational risk and transaction costs. The company was acquired by IntercontinentalExchange, Inc. (NYSE: ICE) in August 2008.