Clearing CDS for lift-off
A new single-name North American credit default swap (CDS) contract, due to be launched next month, is expected to bring greater standardisation to the market and pave the way for central clearing.
Source: Risk magazine
| 04 Feb 2009
Categories: Credit Derivatives, Derivatives
Topics: Barclays Capital, Fannie Mae, Freddie Mac, Creditex, Markit, Karel Engelen, International Swaps and Derivatives Association (Isda), Jason Quinn, JP Morgan Chase, Liz Claiborne