Credit default swaps
Net benefit
Meant to minimise counterparty risk, the idea of clearing for credit derivatives has been riddled with questions from the outset. But new research suggests the plans might actually increase counterparty exposures. Mark Pengelly investigates
CDSs tighten on US financials
The cost of credit protection on US banks fell in Asian and European trading today.
CDSs on US financials widen
The cost of credit protection on major US banks rose in Asian and European trading today.
CDS spreads tighten on Japanese firms
The cost of credit protection fell on Japanese electronics companies in Asian and European trading today, while remaining steady on US and European financials.
Sovereign CDS spreads widen
The cost of credit protection rose on Australasian and European sovereigns in today's European and Asian trading.
CDS spreads widen on UK
The cost of credit protection on UK sovereign debt rose in European trading today, while also rising on US and European financials.
CDS spreads widen on automakers
The cost of credit protection on Japanese automakers fell in European trading today, while also dropping on US and European financials.
CDS spreads tighten on financials
The cost of credit protection on US financials continued to fall in European trading today, while sentiment was also positive towards European banks.
CDS spreads tighten on US banks
The cost of credit protection on US financials fell in European trading today.
US to regulate OTC derivatives
Daily news headlines
Insurer CDS spreads tighten on Tarp promise
Market sentiment improved significantly towards US insurers after the Treasury granted permission to a select number of firms to raise billions of dollars through the government's Troubled Asset Relief Programme (Tarp).
SEC investigates first insider trading CDS case
Daily news headlines
Credit market buoyant in the face of stress tests
Market sentiment towards US financials improved in European trading despite continuing speculation that some US banks will need to raise significant amounts of extra capital.
CDS spreads widen on Korean financials
The cost of credit protection on Korean banks tightened significantly in European and Asian trading today, while remaining steady on US and European financials.
Big bang: new dawn for CDS market
The 'big bang' protocol, which changes the way credit derivatives are quoted and traded, may have brought a CDS exchange one step closer
CDS spreads tighten on financials
The cost of credit protection on European and US banks fell in early trading today after Credit Suisse became the latest major bank to post positive first-quarter earnings.
CDS spreads stabilise on financials
Market sentiment remained steady this morning towards US and European banks.
CDS spreads widen on US financials
The cost of credit protection on major US banks rose further in early European trading today as the market exercised caution over the recent flurry of positive first-quarter earnings.
CDS spreads widen on US financials
The cost of credit protection on major US banks rose today despite continued positive first-quarter earnings.
CDS spreads tighten further on US financials
The cost of credit protection on US banks fell in early European trading today.
CDS spreads tighten on US financials
The cost of credit protection on US banks fell in early European trading today, while sentiment also improved towards Irish financials following yesterday's announcement of a government asset purchase scheme.
CDS spreads widen on Asian sovereigns
The cost of credit protection on east Asian sovereigns rose in early European trading today, despite predictions from the World Bank that China's economy will bottom out by mid-2009, offering a ray of hope for the region.