Derivs - Credit

New rules on naked short selling could push more investors to use credit default swaps to put on their shorts.

A large number of Asian financials have suffered spread widening in the past week.

Morgan Stanley credit analysts have advised investors to buy credit protection on Asia ex-Japan sovereigns.

Investors are buying up credit protection on government debt as part of so-called chaos trades that look to profit across multiple markets as they falter.

Street cash and synthetic collateralized debt obligation credit desks are being merged as firms grapple with the continuing market slumber.

Flow credit sales are yielding higher profits for firms in Europe despite the turmoil in the financial markets.

The cost of credit default swaps on U.K. retailer Marks and Spencer edged up this week after an earlier than expected earnings announcement and profits warning caught the market by surprise and in the process put pressure on other U.K. names.

Trades that reference both credit and equity are becoming popular as investors scour for the cheapest way to play downtrodden companies.

Liffe’s plan to offer clearing for credit default swaps is drawing some questions from OTC players.

Credit default swaps spreads on Korean banks have become increasingly volatile in the past week.

Managers handling Alhambra, the managed constant proportion debt obligation printed last year by Barclays Capital and Deutsche Asset Management (DW Online, 06/22/2007), have changed the make-up of its bespoke portfolios.

News that UBS has hired the advisory firm Lazard—signalling a possible sale of some UBS assets—has driven credit default swap spreads on the name wider this week.