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Fitch Credit Derivative Survey: Indices Dominate CDx Growth as Banks' Risk Position Shifts.

Publication: Business Wire
Publication Date: 21-SEP-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK & LONDON -- Fitch Ratings said today that in a single year, index and index-related credit derivative products grew more than 900%, reaching $3.7 trillion, constituting 31% of gross sold positions. This was one of the key findings of Fitch's fourth annual 'Global Credit Derivatives Survey'. This year the updated report has a forward focus to assess possible developments in the Credit Derivatives (CDx) market.

'The credit derivatives market continues to grow rapidly in size and complexity', said Ian Linnell, Head of Europe, Middle East and Africa at...

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