Big Bang CDS Changes Delayed

02 Mar 2009

The introduction of sweeping changes to credit default swap contracts in North America, set to take place by the March 20 roll into series 12 of the CDX indices, has been pushed back to April 8.

--Katy Burne

The introduction of sweeping changes to credit default swap contracts in North America, set to take place by the March 20 roll into series 12 of the CDX indices, has been pushed back to April 8.

“Implementing the changes before the March 20 roll had been mooted, but ...

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