Stock Market Keeps Its Faith in Humanity (WSJ)

Stock Market Keeps Its Faith in Humanity (WSJ)

The Wall Street Journal has a great featured piece today on the importance of the sales trader, which is something we at Greenwich have been…

A (Greek) Default By Any Other Name

Back in October I wrote about the impact of an impeding Greek default on the CDS market. I concluded that in the shadow of Dodd-Frank,…

Futures On Credit-Default Swaps Seen As Natural Evolution (Wall Street Journal)

If Congress really had its way (well, the Democrats anyway) than all swaps would have been forced to look and trade like futures. If you’re…

Regulators Approve a New Window Into 'Swaps' (Wall Street Journal)

It seemed like the CFTC’s meeting yesterday (Dec 12th) would be a big one; we’d find out the size of a block trade and in…

Swap-Trading Venture Folds, Unable To Get Funding (Wall Street Journal)

The slow regulatory process has its first known victim.  As soon as Dodd-Frank made swap execution facilities official, entrepeurial swaps traders everywhere thought they better…

Timing Of European Credit Default Swaps Probe Piques Interest (Wall Street Journal)

This story was posted last week, and although its a bit odd to repost the story that quoted Kevin on the Street, I thought the…

Derivative Exemptions Fail to Soothe Users (Wall Street Journal)

FX swaps are exempt from new derivatives regulations in the US.  Not really a surprise.  This language was in an earlier version of Dodd-Frank and…

Barclays Capital Rolls Out Electronic Credit Default Swaps Trading (Wall Street Journal)

Execution and clearing mandates for OTC derivative trades are still nearly a year a way by my estimates, but the Street is already getting ready.…