CDS Market
| January 30th, 2012 | ICE Clear Credit Launches Portfolio Margining Benefits for Clearing Participants IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today that ICE Clear Credit now offers portfolio margining benefits for clearing participants' proprietary positions, allowing for more efficient collateralization of opposite positions in index and correlated single-name credit default swap (CDS) instruments. |
| January 17th, 2012 | Markit Adds Sensitivities Data to CDS Pricing Markit, a leading, global financial information services company, today announced it is supplementing its end-of-day prices for credit default swaps (CDS) with a new sensitivities report that will give clients valuable information about the relationship between a CDS price and other market variables. |
| January 17th, 2012 | TriOptima Eliminated a Record-breaking $62 Trillion in Notional Principal Outstanding in OTC Derivatives in 2011 TriOptima announced that market participants, using its triReduce compression service for both interest rate and credit default swaps, terminated a record-breaking $62 trillion in OTC derivative notional principal outstanding in 2011. The $62 trillion included $56.4 trillion in interest rate swap notional principal of which $48.3 trillion were cleared swaps in LCH SwapClear, and $5.6 trillion in credit default swap notional principal. This represented a 14% increase over 2010 levels overall, and a 23% increase in interest rate swap terminations. |
| November 6th, 2011 | SunGard adds Fitch Solutions CDS Data to its FastVal Service for Independent Valuations SunGard has chosen Fitch Solutions consensus CDS pricing service to enhance SunGard’s FastVal, an independent valuation service for vanilla and structured OTC derivatives. |
| October 17th, 2011 | ReMATCH Introduces New Service to Eliminate
Quanto Credit Default Swap Risk ReMATCH, the CDS portfolio rebalancing and market risk mitigation service, announced today that it has introduced a new service to help its customers reduce their exposure to Quanto CDS risk. The service, launched in September, has eliminated over $15billion of Quanto CDS risk for customers in its first three sessions. |
| October 5th, 2011 | MarkitSERV Launches InteDealer Trade-Date Clearing Services for CDS MarkitSERV, the most widely used electronic trade processing service for OTC derivative transactions, today announced the launch of trade-date clearing for inter-dealer credit default swap (CDS) trades through its trade matching and routing service. |
| September 13th, 2011 | CMA Launches CDS Pricing that Factor in Quanto Risk CMA, the leading provider for intraday CDS data and OTC market solutions, has announced the launch of a new product that takes into account the CDS ‘Quanto’ spread of key Euro-zone Sovereigns. |
| September 13th, 2011 | ISDA and S&P Indices to Co-brand S&P Credit Default Swap Indices The International Swaps and Derivatives Association, Inc. (ISDA) and S&P Indices announced today that they will co-brand S&P’s existing Credit Default Swap (CDS) Indices as S&P/ISDA CDS Indices. The S&P/ISDA CDS Indices seek to reflect the credit default swap market for U.S. corporate credits and increase transparency for market participants. |
| August 25th, 2011 | Fitch Solutions: Global CDS Liquidity Reaches New High Fitch Solutions, a division of the Fitch Group, says that in the month to 19 August, increased CDS market uncertainty on the prospects for sovereigns has pushed average global CDS liquidity to its highest level since Fitch Solutions' liquidity scores time series began in March 2006. |
| August 10th, 2011 | CMA adds CDS data on Key Sovereign Debts to its Free-of-charge Daily Marketflash CMA Marketflash helps subscribers keep up-to-date with changes in sovereign credit risk quality. |
