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Markit & Creditex Announce Final Results of Fannie Mae & Freddie Mac Credit Event Auctions

Creditex and Markit, in partnership with 13 major credit derivative dealers, have successfully conducted…

Mindwell and Calypso Strengthen Collaboration Around Integration Services

Mindwell AB today announced a joint decision with Calypso Technology to further strengthen their…

CME Group Launches Next Generation of CME E-quotes

CME Group, the world’s largest and most diverse derivatives exchange, today announced the launch…

Dealers to Meet NY Fed Reconciliation Requirements as TriOptima Captures over 50% of Collateralized OTC Derivative Transactions

TriOptima announced that its portfolio reconciliation service, triResolve, is now regularly reconciling more than…

SGX Derivatives and ETF Markets Set New Records in September 2008

Singapore Exchange Limited (SGX) is pleased to announce today that both its derivatives and…

ISDA Publishes European LCDS Index Documentation & Revised European LCDS Single-name Documentation Incorporating Auction Settlement

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of a revised documentation template for credit default swaps referencing the iTraxx® LevX® index of European leveraged loans, an index administered by Markit Group Limited. The revised template incorporates provision for settlement by reference to an auction following a credit event, bringing the European documentation in line with the North American Loan CDS documentation in this regard.

Creditex and Markit Announce Final Results of Tembec Credit Event Auction

 

Markit and Creditex, in partnership with nine major credit derivative dealers, have successfully conducted a Credit Event Auction to facilitate the settlement of credit derivative trades referencing Tembec Industries Inc., a unit of Tembec Inc. At 2:00 pm EST today, the final price was fixed at 83.00%. Markit and Creditex are the official administrators of Credit Event Auctions.

OTC Markets Successfully Handle Increased Demand in September

  ICAP (IAP.L), the world’s premier interdealer broker, announced on Thursday that the over…

Markit Presents Initiatives to Reinforce OTC Market Transparency and Resiliency

Markit, a financial information services company, held a press briefing in London yesterday to…

Sean Sprackling

Sean Sprackling is a Partner at London-based consultancy firm, Investment Solutions Consultants (ISC). Sean…