
French credit derivatives trade rules relaxed
“Before there were maybe only five asset managers in France that could trade,” said Hubert Le Liepvre, the London-based deputy head of the structured credit group at French investment bank SG. “Now, 100 or more will be able to trade.”
Mutual funds can now trade credit derivatives on any asset that is listed, or in the case of a corporate bond one that is rated. Investment banks say this should lead to increased business for their credit derivatives teams.
“The good news is that it may allow mutual funds to trade first-to-default structured notes,” added Le Liepvre.
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 Structured products
Risk management
Nasdaq whacked with $36 million fine over Aas default
Swedish regulator’s fine poses serious questions over default management and margining, while providing few answers
Receive this by email