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
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails