Credit markets
In the shadows
Counterparty Credit Risk
Tranche warfare
Many investors have taken a negative view on US subprime mortgages over the past year through credit default swaps. But with the US Congress putting pressure on servicers to modify the terms of loans to help borrowers avoid default, those trades might…
Collateral crisis
Collateralised loan obligations
BarCap launches buy-write ETN
Barclays Capital has created a new iPath exchange-traded note (ETN) linked to the Chicago Board Options Exchange (CBOE) S&P 500 BuyWrite Index.
Markit estimates first-day volume of $11 billion on LCDX
The LCDX index of North American loan credit default swaps (LCDS) saw trades totalling over $11 billion notional during its debut on May 22, according to London-based data provider Markit.
Deutsche Bank launches dbARB
Deutsche Bank has followed in the footsteps of Merrill Lynch and Goldman Sachs with the launch of its own hedge fund replicating index, the db Absolute Return Beta index (dbARB).
Markit launches ABCDS spread service
London-based data provider Markit has begun a daily service providing fair-value spreads for credit default swaps (CDS), referenced to certain asset-backed securities (ABS) in North America.
BIS publishes OTC derivatives market report
BIS: CDS growth still strong
Geithner outlines US policy responses to changing risks
Fed discusses new risk in financial systems
Merrill Lynch launches first rated CFXO
Merrill Lynch has launched the first full rated and managed collateralised foreign exchange obligation. The product is being managed by Crédit Agricole Asset Management, and rated by Standard & Poor's.
Two iTraxx ETFs licensed by IIC
Two exchange-traded funds are due to be launched referenced to the Frankfurt-based International Index Company’s (IIC’s) series of European credit default swap indexes.
Deriving credit for change
credit risk
Profile - Savvy with synthetics
Credit Risk
Exchange-traded funds - Gaining currency
Structured Products
CPDOs - A true sense of proportion
Structured Products