"Unless they can find the other side of the trade, they are very quickly going to hit their risk limits. So, therefore, one of the contentions from the industry is that this market is not going to get that big under this construct because there are no natural sellers around."
--Keith Noyes, regional director of policy for Asia Pacific at the International Swaps and Derivatives Association in Hong Kong, on why sellers of credit default swaps feel that the Indian domestic CDS market may struggle to grow significantly.
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