Europe sees low trading volumes in credit derivatives following US holiday

Following another quiet week, compounded by the extended break from Wednesday for the Thanksgiving holiday, most sectors saw little or no movement in spreads. Traders anticipated further tightening in financials, except for troubled credits including Munich Re.

The world’s largest reinsurer reported a third-quarter loss of €859 million yesterday, citing the falling value of its stock holdings and the cost of summer floods in Europe. “The news was disappointing, but there was limited impact

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: