Credit Derivatives
107 white papers and resources
Risk Library hosts a number of Credit Derivative white papers, analyst reports and legal briefings.
Credit Risk Modelling
The importance of accurately modelling and managing credit risk is continuously growing, regulatory changes and evolving risk management practices have led to banks looking a lot more closely at credit risk. This white paper provides an introduction to this challenging topic.
Credit products – alternatives for the private investor
After the cut in the prime lending rate to 1.25% by the European Central Bank, and with the inflation rate in Germany at 2.4% in November 2011, real returns are clearly negative. Consequently, investors are searching for products that are less affected by capital market fluctuations, but still…
Hybrids: Diversifying by unifying
Volatility is emerging as the norm for markets as analysts debate the interdependence of emerging markets and developed economies. Investors and risk managers who can gauge correlation between multiple asset classes correctly and unify them through hybrid products will find they are best prepared…
Regulatory reform – The shape of things to come
The Bank of New York Mellon (BNY Mellon) is currently the only financial institution in the US with a triple A rating from Moody’s. With the firm’s representatives actively engaged in industry and public policy forums, as well as advising regulators, its derivatives and risk expertise is exemplary…
Shipping freight derivatives - theory and practice
As an inherently volatile industry, shipping is characterised by a high risk-high return profile, making its rates and prices difficult to forecast, and as a consequence business projects less accurately budgeted. The identification and management of any such business risks is imperative.
Recovery Positions
Russia was hit hard by the financial crisis, but market participants say there is plenty to be optimistic about in 2010. At a roundtable discussion in December, industry experts discussed Russia’s economy, the development of market infrastructure and the growth of the derivatives sector.
Eurex Credit Clear - Meeting the needs of the buy side
On 30 July 2009, in response to the industry commitment on 17 February to introduce central counterparty in over-the-counter (OTC) credit default swaps (CDS) in Europe by the end of July 2009, Eurex Credit Clear successfully started CDS clearing.