Derivs - Credit

The International Swaps and Derivatives Association is urging the Commodity Futures Trading Commission to postpone including iTraxx in its clearing requirement.

Société Générale is reversing a strategy recommendation of selling CDX IG and buying Markit iTraxx Main and now pitching selling EUR10 million iTraxx Main and buying EUR10 million CDX IG.

Discretionary portfolio managers need to be careful when deploying net long protection strategies, according to Sandy Rattray, head of Man systematic strategies at Man Group. Rattray pointed to recent examples in the market where participants have ended net short during a crisis period when trying to implement the strategy.

European Central Bank President Mario Draghi handed the baton to Europe’s politicians today after he announced a wide-ranging plan aimed at suppressing bond yields in the periphery.

Operational, compliance and implementation costs stemming from regulatory change are likely to be passed on to end-users, attendees heard at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken today.

Regulators came under fire this morning at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken.

The International Swaps and Derivatives Association is going to reveal more about the discussions at the Credit Derivatives Determinations Committees, which rule on credit events, credit default swap auctions and issues of successor reference.

The Chicago Board Options Exchange Futures Exchange is planning to extend its preopening session for VIX next year by offering VIX futures volatility trading for 24-hours per day.

South Korean politicians have again pushed back the passing of key amendments to the nation’s main financial markets act, this time to October, threatening the country’s commitment to implement its central clearinghouse by year-end.

The Belgian moratorium on selling complex structured products has hit competition and created an uneven playing field, according to panelists at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken this morning.

Regulatory changes will usher in a marked shift toward simpler structured products, according to a panel at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken, this morning.

VTB Capital has appointed Daren Wong as head of Asia high-yield trading, based in Hong Kong.