Entering text into the input field will update the search result below

Berkshire Hathaway Ranks As 4th Most Heavily Traded Corporate In Credit Default Swap Market

Oct. 13, 2015 8:05 PM ETBRK.A, BRK.B
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

cds

In what is becoming a regular occurrence, Berkshire Hathaway (BRK.A) (BRK.B) has logged another week as one of the most heavily traded corporate names in the credit default swap market. During the week ended October 9, there were 65 trades with notional principal of $704 million on the firm, ranking Berkshire Hathaway 14th among all reference names and 4th among all non-sovereign reference names. The chart below (which does not include the data above) shows that trading volume has exceeded $500 million on Berkshire Hathaway six times in the last year. While the passion of many investors in Berkshire Hathaway leads them

brk to dismiss this volume as "noise," it's moving firmly into the "news" category.

Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.