The derivatives market has seen an upturn across the board this year and participants can expect even better fortunes in 2014, according to a panel at FOW's Derivatives World London: The Debates. FOW Intelligence: Derivatives Markets Rebound in 2014.
A 'clean room' rebuild of the pricing for a CDS, which uncovers errors in reference code. If you're into maths, this is the paper for you. For the full story with detailed PDF click over to: Pricing and Risk Management of Credit Default Swaps - OpenGamma.
New kid on the block (of SEFs).... Javelin Capital Markets has announced that it has opened an office in London and will register as a SEF once the SEF rules are finalized. It was founded in 2009 by derivative trading and technology professionals and offers low cost, real time trade execution for Interest Rate Swaps and Credit Default Swaps. More details here. Maria L.