Tag Archives: credit risk


Fed Approves Intercontinental Credit-Default Swap Clearing Plan

March 5, 2009 : Permalink

Bloomberg – Intercontinental Exchange Inc.’s bid to be the top U.S. guarantor of credit-default swap trades won Federal Reserve approval, leaving the Securities and Exchange Commission as the futures market’s final regulatory hurdle. Intercontinental and larger rival CME Group Inc. […]

Prime brokers doing away with OTC ‘give ups’

February 18, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge funds of varying sizes report being given notice by prime brokers that OTC derivative give up arrangements will end – quickly. Funds ranging in size from $25M to $2.5B are being told new derivative […]