CDSs, CVA and DVA – a structural approach
CDSs, CVA and DVA – a structural approach
The financial crisis has profoundly changed the nature of credit markets in general and correlation trading in particular. The focus has shifted from complicated products, such as bespoke collateralised debt obligations (CDOs) and CDOs-squared, towards simpler products, such as credit indexes and collateralised credit default swaps (CDSs), for which risks are somewhat easier to understand and model. However, as recent events have shown, the trading of even these relatively simple products can
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Credit derivatives
