Single-name CDS Market Update

Credit default swaps (CDS) are an important hedging tool for lenders and investors. ISDA’s latest review of the single-name CDS market reveals some interesting dynamics about trading activity over the past five years.

While single-name CDS market liquidity overall continues to decline, and all but a handful of reference entities are illiquid, market activity over the past five years has increased during certain periods as credit conditions tightened and the risk of defaults rose. At the same time, transparency has further improved and clearing of single names has increased.

Documents (1) for Single-name CDS Market Update

Paper on Enhancing Liquidity and Risk Management

As ISDA marks its 40th anniversary this year, it is an opportune time to reflect on the challenges and opportunities faced by the global derivatives markets over the past four decades. Rapid growth, continued innovation, regulatory reform, central clearing, margining,...

Trade Bodies Seek Delay on Third-Country CCP Rules

On October 21, ISDA and nine other trade associations – the Alternative Investment Management Association, the European Association of Co-operative Banks, the European Association of Corporate Treasurers, the European Banking Federation, the European Fund and Asset Management Association, the European...

ISDA and Tokenovate Launch CDM Taskforce

ISDA and Tokenovate have today announced the establishment of a new taskforce within the Fintech Open Source Foundation (FINOS) to accelerate operationalization of the Common Domain Model (CDM). The initiative responds to growing market demand for standardized, interoperable post-trade processing...