Credit risk
CDS: European banks continue to widen; US banks tighten
Credit default swap 5-year mid-levels for structured products issuers (Monday February 23)
Liffe blames regulatory uncertainty for lack of CDS clearing
Despite being the only firm to launch a centralised clearing platform for credit default swap (CDS) index trades, London-based derivatives exchange NYSE Liffe has yet to clear any trades, a situation it blames on the uncertain regulatory landscape in…
LCH.Clearnet bid sparks conflict-of-interest debate
A proposal by a consortium of major derivatives dealers to acquire London-based clearing house LCH.Clearnet has led to suggestions that banks becoming intimately involved in the clearing process could present a conflict of interest.
Trichet: Eurozone CCP will help improve oversight
European Central Bank president Jean-Claude Trichet backed a central counterparty (CCP) for clearing credit default swap (CDS) trades in the eurozone today, in a speech that also called for banker compensation to be linked to avoiding excessive leverage.
Banks agree to EU CCP for clearing CDS
Daily news headlines
More MCAs needed to meet equity derivatives targets
Participants in the equity derivatives market say a significant amount of work remains to be done on standardising documentation before it can meet regulators' electronic processing targets for over-the-counter trades.
CDS: Citi continues to widen
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 19)
Banks agree to EU CCP for clearing CDS
Nine major dealers agreed to use an EU central counterparty (CCP) for clearing trades in credit default swaps (CDSs) today, paving the way for talks to resume with the European Commission.
Auction fixes low recovery rates for Smurfit-Stone CDS
At an auction held today, data vendor Markit and broker Creditex determined final settlement values for credit derivatives trades referencing St Louis- and Chicago-based paper-packaging company Smurfit-Stone Container.
CDS: Citi leads widening; RBS stable
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 18)
CDS: European banks lead widening
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 17)
CDS: Barclays, Citi widen; other US banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Friday February 13)
CDS: Citi, Morgan Stanley widen by more than 5%
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 12)
CDS: Citi, Goldman and Morgan Stanley tighten
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 11)
CDS: Citi, Morgan Stanley widen
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 10)
CDS: US banks tighten, European banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Monday February 9)
Auctions held for CDSs referencing Nortel Networks
An auction run by data vendor Markit and broker Creditex today determined final settlement values for credit derivatives trades referencing Toronto-based telecommunications company Nortel Networks Corp.
CDS: Bank of Americas falls back into line
Credit default swap 5-year mid-levels for structured products issuers (Friday February 6)
CDS: Bank of America gaps out to 210.8bp
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 5)
Managing credit risk - Escaping credit risk
Managing credit risk is now one of the most pressing issues in energy trading. Britta Berlinghof, senior credit officer at Nuon, looks at implications of the 2008 crisis, and suggests some best practices in managing credit risk
Give us credit
Credit is widely seen as the biggest challenge facing energy risk managers in 2009, with many believing a radical overhaul of existing risk practices is due. Pauline McCallion investigates
CDS: US banks tighten while European banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 4)
European CDS regulation 'inevitable' - EC official
Daily news headlines
CDS: Citi continues to widen
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 3)