TITLE

Policy Group Flashes Caution Signal

AUTHOR(S)
French, Jeff
PUB. DATE
August 2005
SOURCE
Investment Dealers' Digest;8/1/2005, Vol. 71 Issue 30, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the warning from the Counterparty Risk Management Policy Group regarding the risks facing the credit derivative market in the U.S. Factors that contributed to the risks such as the widespread use of complex, illiquid products; Reaction of some market participants to the warning which they dismiss as mere grandstanding; Actions suggested by the group to cure a couple of key problems in the over-the-counter derivatives market; Estimated number of business days in the backlog of credit derivative trade confirmations.
ACCESSION #
17793437

 

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