Like all other over-the-counter derivatives markets, the UK credit default swap (CDS) market has traditionally been opaque, and important questions have been largely unanswered: How do UK CDS market participants trade? Who are the main players? And how did they behave during the financial crisis? Based on newly available transactions data, this column gives some first answers to these questions.
Evangelos Benos, Anne Wetherilt, Filip Zikes, 02 December 2013
Anne-Laure Delatte, 23 July 2012
Uncovered sovereign credit default swaps will be permanently prohibited in the EU by November 2012. While empirical evidence on their destabilising role is mounting, this column argues that the EU regulation will have only a limited effect, as a number of inconsistencies create regulatory arbitrage and opportunities to circumvent the ban.
Most Read
Blogs&Reviews
Vox eBooks
Events
-
14 - 17 June 2022 / University of Pisa, Dep. Economics and Management / University of Pisa, Dep. Economics and Management
-
22 - 24 June 2022 / Lucca, Italy /
-
5 - 15 July 2022 / Warwick/Coventry / University of Warwick
-
11 - 13 July 2022 / / National Council of Applied Economic Researach (NCAER)
-
22 - 23 August 2022 / Palais Coburg, Vienna, Austria / WU Vienna University of Economics and Business Research Institute for Capital Markets (ISK)
