In our previous article, Potential global economic black hole: credit default swaps (CDS), there is a point we forgot to mention: since CDS is a type of derivative, there is no need for either party to hold the debt. Therefore, this implies that CDS can be traded.

If you enjoyed this article, get free updates by email or RSS.

This entry was posted on Saturday, January 19th, 2008 at 10:18 am and is filed under Market Observations. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.