SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TFF4/18/2008 5:15:26 PM
  Read Replies (2) of 12617
 
Investment banks aim to set up clearing house for credit derivatives - report
April 18, 2008: 01:51 AM EST

LONDON, Apr. 18, 2008 (Thomson Financial delivered by Newstex) -- Deutsche Bank (NYSE:DB) and other investment banks are working on plans to develop a clearing house for the credit derivatives markets in an effort to allay growing regulatory and investor fears about 'counterparty risk', the Financial Times reported.

In particular, the banks are tying to develop a scheme that would only allow institutions with strong capital bases and credible trading histories to clear trades in the credit default swap markets with a central counterparty, it said.

tf.TFN-Europe_newsdesk@thomsonreuters.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext