Corporates

The corporates desk provides pricing and liquidity in credit default swaps (CDS) for all corporate credits and maturities. Credits are broken down by sector and include:

- Crossover and High Yield

- Indices (Europe, Hi Vol and Xover)

- Autos

- Aerospace / Builders / Paper

- Chemicals

- Retailers / Tobacco

- Utilities

Primary liquidity is in the five year maturity, but CDS trade in tenors ranging from three months to ten years. Average notional amount is EUR 5-10 million in single names CDS. Minimum notional for the Europe and Hi Vol index is EUR 25 million and for the Xover index EUR 10 million. CDS curve trades are gaining liquidity in the five and ten year maturity switches in both single names and index.

Additional Information

Contact Details

  • Hong Kong: + 852 2537 1813
  • London: + 44 (0)20 7532 4294
  • New York: + 1 212 341 9951