Credit Lime's  Instablog

Credit Lime
Send Message
Welcome to Credit Lime. In my spare time I also contribute to a financial reporting site called which provides in-depth analysis and reporting on news and events in the financial, derivative and credit default swap marketplace. I have over a decade of experience in the... More
My company:
My blog:
  • New European CDS clearing service launched amid other threats of a ban 0 comments
    Mar 30, 2010 1:02 PM | about stocks: ICE, CME, BNPQY, NTXFF, SCGLY, CRARY, NMR, UNCIF

    Despite growing pan-European calls for a limited or even outright ban on CDS on the continent, LCH Clearnet's Paris division just launched a new credit default swap clearing service that just cleared its first trade today. Clearing European (and French) authorities are playing a double card with comments about a ban on one side meant to appease media and public outcry yet an internal drive and focus on increasing their share of the growing derivatives market at the expense of and in competition with future services from Eurex, CME and ICE Trust. The various services enjoy broad European bank support from banks that include BNP Paribas, Societe Generale, Credit Agricole, Natixis, UniCredito, Nomura.

    Disclosure: long all stocks

Back To Credit Lime's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.