Credit markets
Credit crisis drives trading in financial CDS
The banking and financial services sectors had the most active trading volumes of credit default swaps (CDS) in the US in January, according to GFI, a New York-based inter-dealer broker.
Fitch sees rise in Asian securitisation in 2008
Fitch Ratings expects overall issuance in the non-Japan Asian cross-border securitisation market to rise after pricing conditions stablise in 2008 and following stagnant growth in 2007, the agency said in a report issued on February 4.
Reaching for the stars ..
Alpstar has launched a range of credit-related funds and products, and is branching into equity hedge fund management as well. David Walker sat down with the team at Alpstar to find out more ..
One-way fear
ABX Index
Joint efforts pay off
Central banks
A unifying approach
Economic Capital
Nirvana for some
Commercial property
Drying up down under
Liquidity in Australia's nascent structured credit market has suffered as a result of the subprime squeeze, leading to an inevitable bout of finger-pointing. Marion Williams reports
The Big Interview: Tim Congdon
The founder of Lombard Street Research and respected economist discusses the precedent for last summer's crisis with Matthew Attwood, and explains how policymakers are damaging the market
Fitch Ratings closes derivatives spin-off as agencies count the cost of slowdown
Derivative Fitch, launched to much fanfare just over a year ago, has been rolled back into the parent company in response to falling revenues from derivatives and structured credit
Column: Andrew Kasapis
Our new columnist suggests three trading strategies that might reap rewards this year
Column: Nigel Sillis
An anomaly in S&P's CDO Evaluator would have us believe that a AAA rated CDO is more likely to default than a AA+ corporate - fine in today's market, not so good in theory
Leveraged loans: Clearing the backlog
While LBO bankers in the US are chipping away at the backlog of deals, Europe seems unable to shift its overhang. Daniel Andrews looks at how differences in the way the two markets have evolved are affecting their chances of tackling the problem
Legal spotlight
The structured credit market is facing a new paradigm as we emerge from the credit crisis. Angus Duncan and Robert Cannon look at the kind of structures we can expect to see in 2008
Barclays Capital launches quant index family
The three new sets of indices - total return, steepener/flattener and alpha strategy - are based on existing CDX and iTraxx indices and enable investors to take quantitative views on the market
Herd mentality
The unbridled success of the credit derivatives market over the past few years - until last summer, that is - had led large numbers of investors to adopt similar positions in the sector. Such risk concentration was always likely to cause problems if the…