Episode of CFTC Talks videocast (available now) addresses the concerns raised by three senior regulators earlier this summer regarding opportunistic strategies, or more commonly known as manufactured credit events in the credit derivatives
credit and $1.4B in European credit, $1.1B ADV in Chinese bonds representing a new monthly record, $8.5B ADV in credit derivatives
, $213.1B ADV in repurchase agreements and ADV of $2.9B in U.S.
BGC's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives
, commodities, futures, and structured products.
A series of money managers, including Omega Advisors and Och-Ziff Capital Management Group, had bought credit derivatives
on the SRAC unit, and wanted Sears Holdings to auction off normally worthless debt linked to the entity.
ISDA also creates industry standards and provides industry definition of terms such as the 1999 ISDA Credit Derivatives
The Federal Reserve Board's new -- and first -- vice chair for supervision speculated that credit derivatives
could cause a crisis for life insurers nearly three years before life insurers began reporting huge losses on credit default swaps.
It describes the basic math required for derivative pricing and financial engineering, including stochastic differential equation models; Ito's lemma for Brownian motion and Poisson process driven stochastic differential equations; stochastic differential equations that have closed form solutions; the factor model approach to arbitrage pricing; constructing a factor model pricing framework; its application to equity derivatives and interest rate and credit derivatives
; approaches to hedging; computational methods used in derivative pricing from the factor model perspective; and the concept of risk neutral pricing.
Due to her deep background in the credit derivatives
product, Julia has been nominated as a potential pool member to be called upon to conduct external reviews of the determinations made by the International Swaps and Derivatives Association Credit Derivatives
It was generally believed by top regulators that credit derivatives
make banks sounder.
The 12 essays in 2B review advances in consumption-based asset pricing, bond pricing, the risk behind hedge fund strategies, credit derivatives
, measuring investment performance and market risk, and understanding the behavior of individual investors.
Indeed, Deutsche Borse and then the Chicago Mercantile Exchange (CME) attempted to launch central clearing and exchange trading of credit derivatives
, for which there was already a widespread demand among investors.
illustrate the limitations of balance sheet measurement of derivative liabilities.