Credit Default Swaps Trading

What Changes to Expect

Publication Date	January 2009
Publisher	IDC
Product Type	Report
Pages	10
ISBN Number	not applicable
Product Code	IDC06432

Buy this product or for assistance call +44 20 7060 7474

PDF £2,705.00$4500 | €3028

FAX Order above formats by FAX

Summary

This Financial Insights report focuses on the most heavily traded and popularized derivative contracts - credit default swaps (CDSs). These instruments have played a major role in the financial turmoil that is currently ripping through global economies. The usages of CDSs have resulted in substantial losses for many financial institutions and brought on the demise of some.

According to Sean O'Dowd, senior analyst, Global Capital Markets,

"Firms need to gain greater efficiencies in their risk, pricing, and processing practices for CDS instruments or have governments force their hands. Not making these changes only brings about increased exposure for firms that desperately need to get a handle on CDS portfolios as they try to clean up financially and move forward."

Content

Financial Insights Opinion
In This Report
Situation Overview
Figure: Credit Default Swap Transaction
- Some History
  - How and Where CDSs Are Used and to What Extent?
  - Figure: Credit Default Swap Contracts' Outstanding Notional Amount, 2005-2008
  - What Happened? What Triggered the Rush?
Future Outlook
- New Market Frontier
- Regulators' Next Steps
- Changing Infrastructure
- Enforcement of Correct Pricing
Essential Guidance
- Actions for Financial Institutions
- Actions for Vendors
Learn More
- Related Research
- Synopsis