Credit risk
Isda prepares to settle Ecuador CDS
The International Swaps and Derivatives Association (Isda) is drawing up a settlement protocol for credit default swaps (CDS) based on the sovereign debt of Ecuador, which refused to make a $30.6 million scheduled interest payment last week.
Mese pazzo
Turbolenza dei mercati
Selezione naturale
Risk Italia Rankings 2008
Kashkari details Tarp oversight plans
Assistant secretary for financial stability Neel Kashkari defended the US Treasury against accusations of poor oversight of the $700 billion Troubled Assets Relief (Tarp) programme in front of the House of Representatives' financial services committee…
Auction sets 52.5% recovery on Masonite LCDSs
A final settlement value of 52.5% was set for loan credit default swap (LCDS) trades referencing first-lien loans to Ontario-based door manufacturer Masonite, during a cash-settlement auction held today.
Demise of UK suppliers hits end-users hard
The near-simultaneous bankruptcies of the UK's only two independent energy suppliers has exposed problems in market frameworks and added to challenging operating conditions for end-users, finds Roderick Bruce
NY approval brings Ice CDS clearing platform a step closer
The Intercontinental Exchange (Ice) has won permission to create a New York-chartered trust company, the next step towards the creation of its central counterparty (CCP) facility for credit default swaps (CDS).
AIG terminates $46.1 billion of credit-default swaps (CDS)
AIG announced on Tuesday that an off balance sheet vehicle created by the Federal Reserve Bank of New York (FRBNY) has purchased $46.1 billion of its toxic collaterised debt obligations (CDOs).
Discussing distressed debt - A roundtable
One area that looks poised to benefit from the turn in the credit cycle is distressed debt, with funds readying themselves to take advantage of any opportunities that may arise. Six thought leaders of the industry consider the outlook for distressed debt
The drive for automation
Trading technology
Model behaviour
Sponsored Roundtable
Sourcing security
Markets
The transparency tide
The issue of counterparty risk and how best to convey it to retail investors dominated the agenda at the Structured Products Europe conference. Delegates explored ways of identifying and mitigating risk, while the rise in structured funds and regulation…
Out of the comfort zone
Operational stress
Seeking security
Cover story
Defaults domino
Synthetic credit
Taming nature with models
Catastrophe risk