Citi To Quote Derivatives On MCDX

11 Jan 2011

Citigroup has announced plans to begin quoting derivatives on different tranches of the MCDX, the municipal-bond derivatives index.

Citigroup has announced plans to begin quoting derivatives on different tranches of the MCDX, the municipal-bond derivatives index. The bank is said to be offering the service as the municipal bond market, which is traditionally quiet, has become more active in recent months amid growing concerns that some ...

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