Special Reports » OTHER REPORTS » CREDIT DEFAULT SWAPS

— Delaforce: indices liquidity has expanded

The recent exponential growth in CDS has seen many get nervous at the volume of the industry. Christine Senior reports on the advantages of the asset class, and reasons for the sudden growth.

Jamie Grant, investment manager at AXA Investment Managers, offers an insight into the exponential growth of credit derivatives, their advantages over cash bonds and what the future holds for the asset class.

— Sadewsky: to reduce credit exposure through CDS is more efficient than selling cash bonds

Credit investors are lapping up credit default swaps and the industry is showing a new maturity by addressing the problems that have plagued it in the past, says Christine Senior.

Credit default swaps (CDS) are powering ahead as the instrument of choice for a wide variety of credit investors.

— Lee Olesky, president, Thomson TradeWeb

Roger Aitken outlines how the latest B2C multi-dealer CDS platform has been developed and built in conjunction with industry leaders to combine efficient electronic STP with electronic execution.

Following the CDS explosion, Christoph Stübbe presents the case for CDS indices, which provide market standards to facilitate investment, trading and hedging, and help to improve market liquidity.

As the credit default swaps industry has expanded, so too has backlog of confirmations. Electronic trading platforms are now fundamental to the industry’s continued growth, writes Richard M. McVey.