CDX volumes roar upward on coronavirus panic
Credit default index (CDX) traders swamped the market in high-yield (HY) and investment-grade contracts as the coronavirus crisis deepened, as weekly traded volumes quadruple multi-year averages.
Weekly notional traded volumes in CDX HY contracts were $99.9 billion, $79.1 billion and $87.9 billion for the weeks ending March 1, 8 and 15, respectively, according to Depository Trust & Clearing Corporation (DTCC) data. This compares to an average weekly volume of just $22.5 billion for the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
7 days in 60 seconds
Behavioural finance, alt data and risk-free rate problems
The week on Risk.net, June 27–July 3, 2020
Receive this by email