The credit default swap universe is expanding in both number of names and tenors, and investors are finding it more difficult simply to rely on their dealers for the price data necessary for marking synthetic credit positions to market for risk management and regulatory purposes. Traditional dealers can no longer be depended upon to provide the best market prices on enough names with enough frequency, according to investors.
However, investors have only just begun to explore the field of thir
To continue reading...
Start a Risk.net Trial
Register for a Risk.net Business trial to access this article. Sign up today and get access to: