ISDA Launches CDS Marketplace


On August 11, 2009, the International Swaps and Derivatives Association, Inc. (“ISDA”) launched CDS MarketplaceSM, a website relating to the credit default swap (“CDS”) market. The website serves many purposes, including educating viewers about the use and function of the CDS market and providing viewers with current market trading and pricing information. The website consists of four sections: (i) About the CDS Market (which provides a description of CDS transactions and the CDS market generally), (ii) Daily Prices (which provides links to prices for and spread changes on various indices and single-name credits), (iii) Exposures & Activity (which provides information about CDS trading volumes and trading activity) and (iv) Market Statistics (which provides information on certain CDS contract terms and links to data sources publishing CDS-related statistics).

CDS MarketplaceSM was developed with the support of a subsidiary of The Depository Trust & Clearing Corporation, Markit and Moody’s Analytics.