Tipping point?


Australia’s credit derivatives market has proven relatively buoyant throughout the financial crisis. Credit default swaps (CDSs) were still liquid during the worst of the market turmoil in 2008 and early 2009, which decimated CDS volumes in other parts of the region. According to statistics published by the Australian Financial Markets Association (Afma), Australian CDS volumes grew by 30% between 2008 and 2009, reaching A$332 billion ($310 billion) at the end of last year. Indeed, credit deriva

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 indvidual account here: