The banking and financial services sectors dominated trading volumes of credit default swaps (CDS) in the US over November, according to New York-based interdealer broker GFI.The most actively traded were US government-sponsored entity Fannie Mae and banks Merrill Lynch and Morgan Stanley, said GFI. Morgan Stanley appeared for the second month running.
The telecoms industry remained the dominant CDS sector in the European region, led by German, Italian, Spanish and British firms. Turkey, Russia, Ukraine and Argentina were among the top of the list for the sovereign sector, according to GFI.
Sign up for Risk.net email alerts
UK, 25th - 26th Feb 2014
USA, 27th - 28th Feb 2014
UK, 5th - 6th Mar 2014
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.
Updating your subscription status
Risk iPad and iPhone Apps