"The growth of hedge funds and public accounts over the last five years has been exponential. An increasing number of accounts are looking at relative value trades between bonds, [credit default swaps], loans, the whole range of debt securities. So that w

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"The growth of hedge funds and public accounts over the last five years has been exponential. An increasing number of accounts are looking at relative value trades between bonds, [credit default swaps], loans, the whole range of debt securities. So that w

Eric Rosen, managing director and co-head of credit trading at J.P. Morgan, on moving loan trading to the public side.

"The growth of hedge funds and public accounts over the last five years has been exponential. An increasing number of accounts are looking at relative value trades between bonds, [credit default swaps], loans, the whole range of debt securities. So that was a big driver."-- Eric Rosen, managing director and co-head of credit trading at J.P. Morgan, on moving loan trading to the public side.

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