CDS news from FierceFinanceIT

The CME has come storming into the credit derivatives central clearing market in a big way. Last week, we noted the exciting development that it had inked deals with a host of dealers and, perhaps... Read more...

Clearing credit derivatives has been a huge issue as of late, and for a while there, it seemed as if the industry was on the verge of real competition in a new field: CDS clearing. A host of... Read more...

Does the CME Group have a chance in the nascent CDS clearing market? It certainly remains the underdog. The IntercontinentalExchange, known as ICE, has leaped out of the gate to a big advantage. It... Read more...

This is hardly surprising. The CME Group and Citadel have abandoned their plans for a credit default swaps exchange services. Clearly, the big Wall Street dealers that dominate the CDS order flow... Read more...

You do get the feeling that Wall Street dealers are hell-bent on avoiding a mandated move to exchange-based derivatives trading. We've noted before that exchange-based trading is associated with... Read more...

There's a lot of activity in the CDS infrastructure market, exemplified best by the approval of various clearing platforms by the government. Running parallel with the efforts to create a... Read more...

As Wall Street aims for automated clearing and settling of credit default swap trades, most of the attention has been on competing platforms offered by CME-Citadel and the ICE/Clearing Corp. But... Read more...

We've noted recently that some people thought a CDS clearinghouse could be launched as early as this month. The Fed, the SEC and the CFTC certainly want to make this happen. They just signed an... Read more...

Congressman Barney Frank's loudly-voiced desire to regulate the credit default swaps market dovetails nicely with the effort already in-place by the Fed to push the industry to an exchange. Reuters... Read more...