European banks write-down more than US
European banks write-down more than US

Index snap-back catches out credit hedge funds
Index snap-back catches out credit hedge funds

Reluctant dealers force up costs of monetising in-the-money shorts
Reluctant dealers force up costs of monetising in-the-money shorts

Credit DPCs meet for talks on building counterparty confidence
Credit DPCs meet for talks on building counterparty confidence

Exchange eyes OTC-style CDS venture
Exchange eyes OTC-style CDS venture

Documentation oversight returns to haunt CDO protection buyers
Documentation oversight returns to haunt CDO protection buyers

Pension fund key to conduit deal
Public pension fund Caisse de Dépôt et Placement du Québec is likely to hold the key to restructuring of Canadian conduits, according to super senior investors

Dealers profit as financials volumes soar to unprecedented levels
The volume of flow for credit default swaps on financial names has reached unprecedented levels in recent weeks, traders report, with some dealer desks saying they achieved over half their budgeted financials P&L for the year in Q1 alone

"Local" CDOs bring subprime problems to Taiwanese investors
"Local" CDOs bring subprime problems to Taiwanese investors

Pressure grows on cash settlement
Pressure grows on cash settlement

Firms make credit derivative ETF push
Firms make credit derivative ETF push

Manager calls for CDS overhaul
Dutch asset manager Robeco has called for all single name credit default swaps to trade with

Reinsurance twist could push monoline protection to zero
Monoline insurers breaking into “good” municipal businesses and “bad” books of structured finance risk could result in CDS on a financial guarantor falling to close to zero

Former ABS brokers start firm to target distressed structured assets
Former ABS brokers start firm to target distressed structured assets

Managers race to launch no-leverage loan funds
Managers race to launch no-leverage loan funds

New Axa deal may reopen synthetic market
New Axa deal may reopen synthetic market

CPPIs help push out spreads
CPPIs help push out spreads

CDX roll set to trigger short surge
CDX roll set to trigger short surge

Speculators dive into muni CDS
Speculators dive into muni CDS

Markit’s Prime X tries to breathe new life into ABX
Markit Partners is rumoured to have a new ABX product called Prime X, which would replace the ABX

Synthetic CDO investors strongly opposes Fitch's rating proposals
Synthetic CDO investors strongly opposes Fitch's rating proposals

LCDX tranche trading pushes correlation to new extremes
LCDX tranche trading pushes correlation to new extremes

Crossover name takes drastic rating action
Sol Meliá’s request for its high yield rating from S&P to be withdrawn ahead of the March roll for iTraxx indices has stirred echoes of a similar request made by BAA to Moody’s in September last year

Capital structure trades hit block
Capital structure trades hit block

Shorting fears help delay launch of European mortgage-backed indices
Shorting fears help delay launch of European mortgage-backed indices