LONDON -- Banks have successfully tested a system dubbed Tradeable Credit Spread Fixings in an effort to fix prices for second-generation credit derivatives. So far four tests have been run with 16 dealer banks in addition to Creditex, an electronic inter-dealer broker, and Mark-it Partners, a provider of consensus credit default swap pricing. The tests have been conducted on the Creditex trading platform with Mark-it Partners acting as auditor of the process.
Those involved describe a 'fixed
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails