Novations Hamper CDS Processing Targets
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Derivatives

Novations Hamper CDS Processing Targets

Novations are proving a sticking point in the move to see credit default swap transactions confirmed on the same date as the original trade. Since three parties are involved in novations when counterparties trade in and out of positions, the transactions take much longer to confirm.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article