Credit default swaps
CDSs tighten on US and European banks
The cost of credit protection on US and European banks fell in early trading this morning.
US sovereign CDSs hit 100
The cost of credit protection on US national debt reached an all-time high in intraday trading amid expectations of further government bail-outs.
Confidence in European insurers drops
The cost of credit protection on the subordinated debt of European financial institutions rocketed in early trading today, with insurers hit particularly hard.
Banks agree to EU CCP for clearing CDS
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AIG fraud under investigation in the UK
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CDS spreads widen on Ireland
The cost of credit protection on Irish sovereign debt rose to record levels in early trading today.
CDS spreads on financials widen again
The cost of credit protection on US and European financial institutions rose in early trading today, despite falling on Wednesday on news of a plan by the US treasury to purchase $1 trillion worth of illiquid assets.
Financial CDSs move on stimulus plan
The cost of credit protection on US financial institutions fell in early trading today, following yesterday's announcement by Treasury secretary Timothy Geithner of a $1 trillion toxic asset purchase plan.
Cost of protection rises on Japanese firms
The cost of credit protection on Japanese corporates and US insurers widened in European trading today.
European CDS regulation 'inevitable' - EC official
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CDSs widen on Japanese firms
The cost of credit protection on Japanese corporates and electronics firms widened in early European trading today.
Portal combat
The first central clearing houses for credit default swaps were expected to start business in December, but regulatory hold-ups delayed the launch in the US and are also causing issues in Europe. Although four ventures are planned, some dealers expect…
Breath of Liffe
Amid fierce competition and regulatory scrutiny, the combined initiative by derivatives exchange Liffe and clearing house LCH.Clearnet for clearing credit default swaps was launched on December 22. Will the two companies have a first-mover advantage? By…
US agriculture committee plans to ban naked CDSs
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Mixed morning in CDS market
Market sentiment was varied in European trading this morning across industry sectors, including financials.
US agriculture committee plans to ban naked CDSs
The US House of Representatives Committee on Agriculture has published a draft bill seeking to limit the holding of credit default swap (CDS) contracts to market participants owning the bonds of the reference entity in question.
CDSs widen on European auto industry
The cost of credit protection on European auto manufacturers rose in early European trading today, reversing gains made yesterday, while Japanese corporates continued to suffer.
CDSs tighten on European auto industry
The cost of credit protection on European auto manufacturers fell this morning, while rising to record highs on Japanese corporates.
European financials fare better in CDS market
The cost of credit protection fell on European financials and Spanish commodity players in this morning's trading.