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JPMorgan, a co-founder of the TRAC-X credit default swap index, has requested information about trading procedures on iBoxx, its bitter rival backed by a consortium of 11 market makers, including ABN AMRO and Deutsche Bank. JPMorgan's overture is surprising because the backers of TRAC-X and iBoxx have been locked in a peevish version of the struggle between PlayStation and Xbox in an effort to win market share. Like the fight for video game supremacy, there is only room for one credit default swap index, according to dealers. iBoxx began trading in the U.S. on Oct. 20. Despite the approach to iBoxx, Tom Benison, head of credit derivatives marketing for North America at JPMorgan in New York, said the firm has no plans to trade its rival's index. The objective is to better understand the product with the ultimate goal of moving toward one standard index.