Credit risk
Isda proposes net physical settlement
The International Swaps and Derivatives Association has released a draft of the net physical settlement supplement to the 2003 credit derivatives definitions, which aims to simplify the settlement of credit default swaps (CDSs) after a credit event.
Isda AGM Singapore: Dana CDS index protocol published
The International Swaps and Derivatives Association has published a protocol solution to facilitate the settlement of credit derivatives trades involving Dana Corporation, which filed for bankruptcy on March 3, 2006.
Standard confirmation for preferred CDS hammered out
Eight dealers have agreed upon standard documentation for preferred credit default swap (CDS) transactions. The new standards will likely enhance liquidity of the nascent market.
Facing the Four Risks
CIOs must prepare for threats that could spell disaster for their firms, so how can they survive in dangerous waters?
CDS IndexCo and Markit launch synthetic US CMBS index
CDS IndexCo and Markit have launched CMBX, a range of synthetic credit default swap (CDS) indexes of US commercial mortgage-backed securities (CMBS), which will trade from today.
Corrigan: progress made on credit derivatives, more work to be done
Speaking after a symposium organised by the Counterparty Risk Management Policy Group II (CRMPG II) yesterday in New York, Gerald Corrigan, a New York-based co-chairman of Goldman Sachs's firm-wide risk committee and chairman of the industry group, said…
Eclectic boutique opens a multifarious box of tricks
FMG Fund Managers has built an unusual mix of single hedge funds and funds of hedge funds, including specialist sector and regional portfolios, says David Walker
Web-based monitoring system targets requirements for mortgage lenders
Basel II has left many mortgage providers with additional requirements for enhanced and improved tracking of credit rating structures, presenting a challenge to some traditional monitoring systems.
South Africa New beginnings
Regional Focus
Ever-decreasing tranches
Structured Credit
Is time running out for General Motors?
General Motors
Hedge funds preoccupy ABS West conference
The main debate concerned the growing role of hedge funds in securitisation
Credit options: Arrested development
Credit Options
Back to Basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask... Karl Wyborn, head of derivatives collateral management sales at JPMorgan in London, runs through the A to Z of collateral management
Briefs
REGULATORY UPDATE
Under scrutiny
Equity Derivatives
A case for convergence?
With Basel II regulatory capital becoming increasingly more risk-sensitive, the value of a separate economic capital system must be questioned. Christopher Hall of Risk Advisors considers the differences between economic capital and regulatory capital,…
Know your market
Profile
Introduction - New frontiers in credit
Rising energy prices have thrown the issue of credit into stark relief, and credit lines are being used up increasingly quickly. How should credit managers react?