GC Asia
ISDA Hires Consultant To Check Out Eurex Futures
The International Swaps and Derivatives Association has hired a consultant firm to study the effect iTraxx futures launched last week by Eurex may have on the recovery rates set in a defaulted bond auction.
The International Swaps and Derivatives Association has hired a consultant firm to study the effect iTraxx futures launched last week by Eurex may have on the recovery rates set in a defaulted bond auction.
Eurex will use the prices established in an ISDA auction to value its contracts
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