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Credit Suisse Expands Securities Network Platform.


New Web-Based Trading Platform for Structured Products Debuts in the US

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG.  today announced the expansion of its Securities Network trading application, a web-based trading platform providing users with access to a global network of structured products, real-time tradable prices, and efficient secondary trading. Following a successful rollout in the Asia Pacific and EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets.  regions last year and a beta test A test of new or revised hardware or software that is performed by users at their facilities under normal operating conditions. Beta testing follows alpha testing. Vendors of packaged software often offer their customers the opportunity of beta testing new releases or versions, and the  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. Additional securities such as real estate derivatives are slated to be added to the platform later in 2007. Currently, more than 2000 securities are listed on Securities Network.

"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 Michael (or Mike) Clark can refer to the following people:
  • Michael Clark (astronomer), New Zealand astronomer
  • Michael Clark (dancer), British post-punk ballet dancer
  • Michael Stephen Clark, American newspaper columnist
, 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," he continued.

Credit Suisse is one of the largest issuers of structured products. In 2006, the Bank issued in excess of US$50 billion in structured products across a range of asset classes. For more information on Securities Network, please contact the Credit Suisse Structured Products desk at 212.325.8632.

About Credit Suisse

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 45,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN CSGN Cyber Sports Gaming Network (UK)
CSGN coordinating subgroup for narcotics (US DoD)
CSGN Strike Cruiser, Nuclear Powered (US Navy ship designation) 
) are listed in Switzerland and, in the form of American Depositary Shares American Depositary Share (ADS)

Foreign stock issued in the US and registered in the ADR system.
 (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com

In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 57 locations across 26 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage Prime Brokerage

A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things.
 services.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 2007
Words:453
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