Fears mount over Greece's ability to reduce fiscal deficit and service debt repayments, despite Eurozone-IMF bailout package.
CDS spreads on vulnerable eurozone countries widened dramatically today as stock markets crashed over uncertainty surrounding the Greek bailout.
With markets anticipating a Greek debt restructuring, bank traders and risk managers are preparing for a wider crisis that could drag in northern European countries, tip the euro into a tailspin or even threaten the eurozone’s integrity.
The Iberian power market derivatives exchange, Operador de Mercado Ibérico de Energía (OMIP), has signed a deal with software vendor Trayport as part of its continued expansion within the European energy markets.
Credit default swaps (CDSs) referenced to financial services and telecommunications firms were the most active in the global credit default swap market in January, according to New York-based interdealer broker GFI.
Interdealer broker GFI has released its monthly report on the most actively traded US, European and Asian names in the credit default swap (CDS) market in September.