Credit derivatives
LCH to clear single-name CDSs for US clients
Paris-based CDSClear already in discussions to onboard its first US FCM
Mifir transparency rules could capture illiquid packages
Criteria to assess which package transactions are liquid are too broad, industry warns
CFTC looks to strengthen oversight of trading obligation
Chief counsel at CFTC highlights weaknesses of bottom-up approach to MAT determinations
Market expects Holdco CDS switch for iTraxx index
TLAC-driven issuance changes likely to see UK and Swiss holding company CDSs included in iTraxx Financials
Auditors: the extra line of defence
If CDS skew spikes, some banks may be thankful for conservative accountants
Building credit: China's CDS market faces headwinds
Regulatory fragmentation threatens take-up of planned new credit instruments
Banks shun internal models in CVA impact study
Accounting exposures win out as banks seek to align capital with front-office practice
Wrong-way risk done right
Jacky Lee and Luca Capriotti present an arbitrage-free valuation method for counterparty exposure of credit derivates portfolios.
FCMs try to ‘off-board’ credit and commodity funds
Fee hikes are being used to drive out clients that hog capital
Credit derivatives – looking forward in a time of change
Sponsored video: MarketAxess
Lifetime achievement award: Andrew Feldstein
Risk Awards 2015: BlueMountain founder is at the centre of a changing market
Hedge fund of the year: Napier Park Global Capital
Risk Awards 2015: Credit fund profited from October meltdown
Credit derivatives house of the year: Citi
Risk Awards 2015: Strategic decisions made after the crisis paid off in 2014
Markit venture is first casualty of US swap flop
Clearing credit hub closes, with Markit citing disappointing Sef volumes
Goldman Sachs bought $24 billion CDS portfolio from UBS
UBS in Australia sold off CDS portfolio in fixed income scale-back
Credit derivatives house of the year: Credit Suisse
Credit derivatives house of the year: Credit Suisse
Napier Park exploiting Volcker opportunities
Hedge fund Houdinis
Credit Derivatives House of the Year – BNP Paribas
Asia Risk awards 2013 winner: BNP Paribas – Credit Derivatives House of the Year
Pricing CDSs’ capital relief
Pricing CDSs’ capital relief
CDSs, CVA and DVA – a structural approach
CDSs, CVA and DVA – a structural approach
SEC slammed for CDS cross-margin hurdle
CDS users face collateral hike because SEC rule means clearing members are not yet able to offer CDS cross-margining to their clients – but there are hopes of a last-minute exemption
Zombie firms are first Dodd-Frank major swap participants
Only registrants to date are MBIA and Cournot Financial Products – firms that have not traded derivatives since 2008
