Thursday, December 3, 2009

CME confirms deal with Banks on CDS

This has been a long and arduous process. There are many that did not give it much chance of being achieved. But this morning, the news is out that the deal is sealed and includes allot of the biggest players in the Global Finance Trade. Will Update as available.


UPDATE1:

CME Group Announces Dealer Founding Members for CDS Initiative

PR Newswire (press release) - ‎5 minutes ago‎
The new members will be Barclays Capital, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley, and UBS, each of whom has executed a ...

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