Standard US CDS contract sparks hedging worries

Plans to reshape the US single-name credit default swap (CDS) market are causing concerns among some credit portfolio managers, due to a limitation on their ability to get capital relief for hedges under Basel II.

An International Swaps and Derivatives Association group comprised of buy- and sell-side market participants has been working on changes to the standard North American CDS contract over recent months. The modifications are part of an effort to further standardise CDS contracts and

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here