Feds Closer To Setting Up CDS Clearing Houses - CNBC
"By establishing the central clearing houses, if it is done correctly, there will be an honest recognition of capital allocation to every credit default swap contract that gets written," said Cawley.
Feds Closer To Setting Up CDS Clearing Houses - CNBC
"By establishing the central clearing houses, if it is done correctly, there will be an honest recognition of capital allocation to every credit default swap contract that gets written," said Cawley.
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Cawley is among those who are guardedly optimistic … ‘‘We did come to the edge of the precipice. We looked into the abyss on Thursday. But people now know what needs to happen.”
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IDX stands ready to fully embrace any market led effort that would result in greater liquidity, enhanced stability and increased trading transparency in the credit derivative marketplace. (more...)
Jamie Cawley, a veteran player in the credit-default swaps market, says he doubts whether the older chiefs of the firms fully understood the implications of what they were doing.
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NEW YORK, Sept. 9 --IDX Capital, an electronic interdealer broker of credit derivatives, welcomes two new senior hires to its New York City office – Alexander Harrison, a business manager and Devin Armstrong – assigned to its investment grade & high yield credit derivative desk.
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IDX Capital, an inter-dealer broker of credit derivatives, welcomes Robert Wellner and Peter Capernaros as Vice Presidents assigned to its investment grade & high yield credit derivative desk. (more...)
IDX Capital today announced the completion of its first TABX trade in the interdealer market. TABX or ABX Tranche Indices are constructed utilizing the names of the BBB and BBB- ABX indices; each set combining the 07-01 and 06-2 reference obligations. Despite recent market volatility, TABX commenced trading in February with several dealers committing to making markets in its various tranches. (more...)
IDX Capital, an interdealer broker of credit derivatives (CDS) operating in the over-the-counter market, announced today that it made additional hires to it�s New York operations. IDX Capital hired Edwin Rodriguez as its COO, a 15 year veteran of JPMorgan Chase and Chris Houchins from UBS Wealth Management to its CDS Broking Desk.
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IDX Capital, an interdealer
broker of credit derivatives (CDS) operating
in the over-the-counter market, announced
today it received approval from the NASD
to complete its acquisition of IDX Derivatives,
LLC, an NASD member firm. (more...)
The stage is set for another
round of fee cutting among interdealer brokers
in the credit derivatives market, after
the launch this week of a new aggressor-only
service in North America. Aggressor-only
brokerage involves charging only the party
that initiates the trade a fee, and not
the one that posts the initial price. (more...)
A new electronic inter-dealer broker for
credit derivatives is set to go live today.
IDX Capital, a recent start-up, will compete
with existing platforms including Creditex
and GFI Group. (more...)
NEW YORK, December 6, 2005 - IDX Capital
(www.idxcap.com), an interdealer broker
(IDB) of credit derivates swaps (CDS) operating
in the over-the-counter (OTC) market announces
launch and opening of its operations in
New York today, with swaps trading arrangements
in place with some of the largest dealers.
(more...)
IDX Capital on Tuesday went live with its
new electronic credit derivatives trading
platform, that facilitates trades between
eight of the major derivatives dealers.
(more...)
