A central counterparty for OTC credit derivatives – are we over estimating the importance?
Part 1 of a series of 3 papers on central counter parties, bilateral margin agreements, OTC derivatives, weather forecasting, and a global risk research model written by Bill Hodgson of Adsatis.
ISDA Comments on Industry Approach to Central Counterparty
ISDA Comments on Industry Approach to Central Counterparty for CDS & EU Call to Add Regulation
The International Swaps and Derivatives Association, Inc. (ISDA) today made the following comment on industry's approach to the management of counterparty risk and the use of a central counterparty for CDS in light of EU Financial Services Commissioner Charlie McCreevy’s call to add to existing regulation of credit default swaps (CDS).
Full announcement
Better alternative to a CCP?
Could the NetDelta solution be a viable alternative to a CCP for OTC credit derivatives? Read related column on NetDelta.