Issue 33 - April 4th
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Rumour has it...
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If the price is right...
...The customer is always wrong
The debate surrounding the new futures contract is indicative of an issue that runs far deeper. Regu...
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Data
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CDR Liquid Index data as at 2 April 2007
Source: Credit Derivatives Research
Index Values &a...
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News
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Queen's Walk stumbles
Publicly listed credit fund withdraws dividend forecast
Cheyne Capital's Queen's Walk Investment Limited, the closed-end investment company listed on the L...
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Futures yet to pick up
Difference of opinion over new contracts keeps volumes low
Volumes in the first week of trading of iTraxx futures on Eurex have been sluggish even by new cont...
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Latest EPICs launched
New enhanced equity CLOs in the market
Details emerged last week of the latest deals to be sponsored by the Goldman Sachs Euro EPICs platfo...
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New DPIs on the way
Powerful model-dependent deals being prepped and imitators expected to follow
Structurers are putting together new versions of Dynamic Portfolio Insurance (DPI) trades to meet in...
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Talking Point
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CPDOs for the masses?
Banks already promoting CPDOs to some retail investors, but caution is required
Strong demand for structured credit products from retail investors looking to diversify their portf...
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Trading illiquids grows
Increasing buy-side demand for structured illiquid credit
Structured illiquid credit is becoming a burgeoning area for the investment community. Banks are ra...
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The Structured Credit Interview
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At the forefront
This week, Lou Lucido group managing director of the Credit Mortgage Group at TCW answers SCI's ques...
Lou Lucido Q: When, how and why did you and your firm become involved in...
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Provider Profile
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RED secrets
In this week's Provider Profile, Sue Lord, vp, Markit Group talks about some lesser known aspects of...
Markit RED (Reference Entity Database) is the market standard that confirms the legal relationship...
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Job Swaps
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Deacon's seven-year itch
The latest company and people moves
Deacon's seven-year itch John Deacon, in the ABS trading and investment group at Dillon Read Capit...
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News Round-up
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LCDX edges closer
A round up of this week's structured credit news
LCDX edges closer Dealers prepping the US loan CDS index – LCDX – are understood to be getting nea...
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Research Notes
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Trading ideas - rounding the basis
Dave Klein, research analyst at Credit Derivatives Research, looks at a negative basis trade on Comc...
The new baseball season is upon us and we look at the positive impact of a triple play in this trad...
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