Broker-dealer hires former Icap credit hybrids team
Dealers say regulators have cooked up a pro-cyclical credit value adjustment capital charge that will force them to buy increasing amounts of protection in an illiquid market, regardless of changes in...
More Credit derivatives articles
Basel III allows contingent credit default swaps (CCDSs) to be used as a mitigant when calculating credit value adjustment. Advocates of CCDSs hope that will give the market some momentum – but others say the product will continue to suffer from a shortage...
Spreads flat or slightly tighter despite political squabbling over size of EFSF
Initial excitement regarding the long-delayed introduction of credit derivatives in India has waned amid fears that regulatory constraints will hamper market development. But the introduction of credit mitigation tools represents an important step in...
The new rules are "another instance of the authorities blaming the wrong people and imposing the wrong policies", says Cass's Ian Marsh
Risk perceptions on European banks fall as Merkel and Sarkozy agree to produce a recapitalisation plan within the month
The decision by Moody’s to downgrade Lloyds and RBS fails to spark surge in CDS spreads, while other European banks finish more or less unchanged on the week despite continuing woes in the eurozone
Anxiety about Chinese growth and the latest bout of eurozone debt panic appear to have triggered a surge in spreads on Australia’s credit index. But are credit spreads on Australian companies an effective general-purpose hedge against non-domestic economic...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Singapore, 22nd - 23rd Jul 2014
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014