Where is the money? CDS...

Discussion in 'Wall St. News' started by kaciara, Apr 7, 2009.

  1. kaciara


  2. It's $70bn in notional, which is a piddly amount...
  3. kaciara


    first month
  4. Still insignificant. FX does trillions every day.

    Keep in mind these are derivatives. They need to clear 5T before they start to get CDS's under control.
  5. kaciara


    ok i agree

    i know trillions flush in forex per day and that cds market could be bigger than worst roubini expectation of 3T

    just wannay say if someone starts to clear a market and during the first month he gets 70b, above expectation...

    than probably that market is "big" and very liquid

    imo a key technical news
  6. kaciara