Thursday, May 13, 2010

Corporate CDS: A Market That's Not a Market?

Donald van Deventer reports that, based on recent DTCC data, only 2 corporate reference names have daily average non-dealer CDS volume over 40 trades, only 72 have more than 5 trades (see http://twitpic.com/1ni22r). For more go to: http://kamakuraco.com/Company/ExecutiveProfiles/DonaldRvanDeventerPhD/KamakuraBlog/tabid/231/EntryId/195/Corporate-Credit-Default-Swaps-and-Non-Dealer-Trading-Volume.aspx

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