Derivs - Credit

Standard & Poor’s has placed 15 Asia-Pacific collateralized debt obligations on credit watch with negative implications.

A group of dealers is pushing forward with a plan to establish a clearing house for credit derivatives in co-operation with The Clearing Corparation.

A breakdown in LIBOR-linked funding is leading market participants to peg derivatives transactions on alternative rates such as overnight index swaps.

Markit, the administrator of the CMBX index, has pushed back the roll out date for CMBX 5 from April 25th to May 13th.

A group of chief executives of credit derivative product companies are seeking more formal representation in the industry.

Dislocations in the credit markets have forced collateral management to evolve, with a greater focus on dispute resolution, according to a panel of collateral managers and lawyers at ISDA's annual general meeting.

The derivatives industry must educate the rest of the market on the importance of privately-negotiated contracts in the light of heightened regulatory scrutiny, according to Jonathan Moulds, chair of the International Swaps and Derivatives Association during a speech today.

Regulation of over-the-counter trades looks set to tighten, bringing with it a new focus on operations.

Derivatives are now too interconnected in the global economy to fail--and more transparency in the market is needed, warned Credit Suisse’s investment bank chief executive Paul Calello today.

Collateralized debt obligations will return in simpler, more transparent forms, bankers said during opening discussions at the International Swaps and Derivatives Association’s annual general meeting today.

Cohen & Co. has hired a senior debt trader from the Royal Bank of Canada to work in its principal trading group in New York.

Standard & Poor’s has placed 15 Asia-Pacific collateralized debt obligations on credit watch with negative implications.