Credit risk
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.
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
Model mismatch
instruments
Deriving credit for change
credit risk
Société Générale
Deal of the Year
CDS: the building blocks for synthetic CDOs
2. credit default swaps
The Big Interview: Chris Flanagan
Following the crisis in subprime mortgages in the US, the head of global structured finance research at JPMorgan in New York talks to Dalia Fahmy about spillover risks for auto loans
What's behind the demand for CDOs
3. product demand
When - not if - the cycle turns
10. survival strategies
Investors shy away from curve steepeners
Credit curve steepener trades using constant maturity swaps have emerged as an innovative way to take advantage of the much-anticipated rise in credit volatility. So what is hampering take-up of these products? By Hardeep Dhillon
The CDO Factory
CDO boutique Cohen & Company has emerged as a major force in the structured credit market. But as a niche operator, it has to think and act fast to stay ahead of the competition. Dalia Fahmy talks to senior management and discovers that the key is…
Canaras Capital
Anthony Clemente, chief executive of New York-based investment manager Canaras Capital, talks to Victor Anderson about the challenges facing a start-up business in the 'alternative' fund management space, including the thorny issue of transparency
Jonathan Laredo
Is the apparent health of the CLO market little more than a fairytale?
CDOs: what does the future hold?
12. the outlook
CLOs of leveraged loans
6. leveraged loan CLOs
CDO managers - Do the ends justify the fees?
Credit Risk
Pearl unwinds CDO
News
Stuck on the margins
Prime broking