This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The global derivatives market is big. Really big. So big – and so unregulated – in fact that no one really knows exactly how big it is, but the very best estimates put the notional value at $1.2…
Tag Archive for Cds
Contributors- Economic and Financial, Must Read, Taken Down
Great CDS primer from JPMorgan – Sober Look
by Sober Look • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Folks a JPMorgan did a tremendous job putting together this credit default swaps lecture. If you are interested in the topic, this is a great primer. Enjoy. Derivatives workshop Wall Street Examiner Disclosure: Lee Adler, The Wall Street…
Contributors- Economic and Financial, Must Read, Taken Down
IMF: Evidence does not support the ban on naked SCDS purchases – Sober Look
by Sober Look • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. As discussed back in September (see post), the hysteria over sovereign CDS (SCDS) within the European Commission and other governing organizations has been completely overblown. Sovereign CDS has been more of a “canary in a coal mine”, while…
Contributors- Economic and Financial, Must Read, Taken Down
Corporate CDS tightens to multi-year lows; bonds lag- Sober Look
by Walter Kurtz • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. US corporate CDS are tightening to new lows, as the Fed continues to pump liquidity into the market. The JPMorgan CDX indices which measure spreads for the “on-the-run” CDX (and include rolling into the most current series) are…
Money Morning, Must Read
Why Crime Pays for “Too-Big-To-Fail” Banks – Shah Gilani- Money Morning
by Shah Gilani •
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. There’s a reason why the first few installments of my What Everyone Absolutely Needs to Know About Money series have been about banks. You need to know the truth about banks. Why? Because they rob you. Why? Because…
Contributors- Economic and Financial, Must Read, Taken Down
Six observations about index CDS markets – Sober Look
by Walter Kurtz • • 0 Comments
Once again it’s time to clear up some misperceptions about the CDS markets. In particular, let’s take a look at CDS index trading. The chart below shows one-month daily trading volume averages for the various CDS indices.1-month daily average CDS index…
Contributors- Economic and Financial, Must Read, Taken Down
Portugal’s biggest risk is Spain
by Walter Kurtz • • 0 Comments
Portugal has been trying to export its way out of the economic mess that it has been in for some time. And it has been doing an amazing job, particularly given its poor export track record and deteriorating economic conditions in the Eurozone. Portugal…
JP Morgan Latest News
JPMorgan CDS Loss Could Hit $9 Billion – FINalternatives
by Newswires • • 0 Comments
JPMorgan CDS Loss Could Hit $9 BillionFINalternativesBruno Iksil may have—with an unwanted assist from hedge funds—cost his employers almost five times as much as originally thought. Iksil, the JPMorgan Chase trader behind the credit default swap i…
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BlueMountain Said to Help Unwind JPMorgan’s Whale Trades – Bloomberg
by Newswires • • 0 Comments
Business InsiderBlueMountain Said to Help Unwind JPMorgan's Whale TradesBloombergThe trading surge in the contracts that fueled much of JPMorgan's loss follows a 35 percent reduction in the net amount of protection that dealers sold on the …T…
JP Morgan Latest News
JP Morgan As The New Fannie Mae – Forbes
by Newswires • • 0 Comments
JP Morgan As The New Fannie MaeForbesJP Morgan's recent $2 billion loss on a wild product it created — an index of European credit default swaps (CDS)– might as well be tax payer money.
