Lull in credit derivatives volumes on September 11 anniversary

London-based traders said the market was extremely quiet with a marked reduction on bids and offers on trading screens. “This is no real surprise. We expected quiet markets today,” one noted.

The most liquidity this week has been for protection against the European telecoms sector. “A number of liquid names have come in five to 10 basis points, including France Telecom, Deutsche Telekom, Tefonica and KPN,” another London-based trader said. “The main driver is reasonable performance on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: