Wednesday, March 21, 2007

Single Name CDS Futures

The latest issue of Futures Industry mentions the impending (March 27) Eurex entry into the CDS index futures market and the more interesting single name CDS futures that CME and CBOT are thinking about. This is definitely something to follow since there's likely to be some growing pains (read: arb?) between the OTC and Futures markets while things get sorted out.

This issue also has an update on the CFTC cross-margining story that we talked about in a previous post.