Citadel Investment Group 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...

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...

So what's the best way to build trading volume on a fledgling platform? The best method, it would appear, is to give broker dealers some skin in the game, that is, giving them an opportunity to... 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...

The splashiest entrants into the credit default swaps settlement have been CME-Citadel and The Clearing Corp.-ICE, and both would like to see CDS transition to an exchange. Some have suggested that... Read more...