Traccr.com
Traccr Offers Traders Access to the Credit Derivatives Market
Traccr.com is a unique credit derivatives retail brokerage for private trading and institutional services. It offers one of a kind credit default swap (CDS) contracts for high net worth individuals and professional traders who are interested in accessing credit derivatives markets. The site offers Dow Jones Newswires on CDS news in real time, educational programmes, and a trading simulator to help traders gain practical CDS trading experience.
How Traccr CDS Trading Works
Credit default swaps are a versatile, quick and easy way to trade several different products from one account. As a leveraged derivative product, CDS is not regulated on any exchange. Traders need only put up a fraction of the trade’s value to benefit from the underlying cash bond. This option also allows traders to avoid dealing with the typical costs associated with physical bonds.
Given the activity and developments around the CDS market, professional traders have become more aware of credit derivatives and how it can be applied to hedge their corporate bond positions, or to take a view on synthetic credit indices.Farooq Jaffrey, founder of Traccr
Over the counter (OTC) credit derivatives are among the fastest growing products worldwide. Listed credit derivatives are expected to grow rapidly over the next several years and are recognized as an emerging asset class. Through Traccr, professional traders and high net worth individuals have the ability to trade and monitor over the counter and listed credit derivatives in a secure online instrument.
OTC products available to trade:
- Single name CDS
- Structured credit default swaps
- First to default baskets
- Portfolio credit derivatives
Listed products are available in different maturities.
- Exchange traded funds
- Principal protected notes
- Structured notes
With CDS’ cost-effective, flexible, and geared exposure to bonds and credit indices, traders can adjust to rising or falling profits in long or short range credit markets. They do this by positioning themselves to buy or sell credit protection based upon their assessment of credit spreads. Traccr advises that a CDS can result in higher losses than the original deposit and, therefore, may not be a suitable option for all traders.
Learn How to Use Traccr and Trade Credit Derivatives
Online trading of credit derivatives on Traccr requires that investors understand the tools and terminology for informed transactions. To assist with this, Traccr provides a fantasy CDS trading simulator and video tour. The CDS trading simulator allows securities professional to practice trading before beginning a live trade with an instrument that has over 150 European, U.S., Japanese, and Asian credits. With a practice account, traders can buy and sell credit protection, measure and chart performance, calculate interest receipts and payments, along with capital gains and losses; and access CDS financial news. Their educational programme video lends additional support to the CDS trading simulator with descriptive screeencasts.
Enroll in Traccr to Begin CDS Trading
Before beginning live trading, Traccr requires that traders have sufficient CDS trading experience, ample financial resources to meet trading obligations, and a mechanical understanding of the trading instruments. Professional traders can enroll in Traccr’s online 30 day CDS course for £25. Users of the simulator will receive a rebate for the cost of the course if they complete a live trade with Traccr within three months of purchase.
Contact Traccr
- Tel: +44 (0) 207 022 4800
- Dealing desk (9.00am – 5.30pm Mon-Fri)
- Traccr welcomes your feedback about its services.
Address
- Studio One, Utopia Village
- 7 Chalcot Road
- London NW1 8LH
- United Kingdom
Additional Information
Traccr Ltd. is a registered broker regulated by the Financial Services Authority. FSA Register number 493597.
External Links
- Alexa: TracCr.com
- WHOIS for TracCr.com