la chine se met aux cds / credit default swaps par menthalo Mar 21 Sep 2010 - 20:35 |  |
| La Chine invente de nouvelles règles, il est vrai, frappées de bon sens. China Plans to Introduce Credit-Default Swaps by Year-End By Christine Richard - Sep 13, 2010 China will introduce credit-default swaps by the end of this year, according to Shi Wenchao, secretary general of the state-backed National Association of Financial Market Institutional Investors.
Investors in the derivatives will be required to own the underlying risk, Shi said today in an interview with reporters in New York. China plans to limit the amount of leverage used in the contracts to avoid the kind of financial crisis faced in the U.S. two years ago, he said.
“We believe CDS is a neutral risk-management tool,” Shi said. “It is neither evil nor good.”
Private swaps complicated efforts to solve the credit crisis in the U.S. when regulators and market users couldn’t easily determine how interconnected banks had become through trading contracts.
China also expects to open its debt markets further to foreign companies, saying the prospects for their selling debt will gradually improve during the next 3 to 10 years to “extraordinarily great” from “promising,” Shi said.
NAFMII was formed by the People’s Bank of China, the country’s central bank, in 2007 to help develop over-the-counter financial markets, including bonds, loans, commercial paper, foreign-exchange and gold.Source : Bloomberg |
| Piano bar    
Inscription : 28/04/2009 Messages : 608
 |
Re: la chine se met aux cds / credit default swaps par marie Mar 21 Sep 2010 - 21:27 |  |
| houla .. même avec les "précautions " qu'ils ont prise, pas certaine que ce soit une de leurs meilleures id .. enfin .. on verra bien et si contrairement aux usa, ils savent réglementer correctement un marché fort dangereux et opaque... qui peut comme chacun l'a vu .. devenir une arme de destruction massive .. selon les propres avertissements de Buffett |
| Skipper    
Inscription : 05/02/2005 Messages : 20214
 |
» SILVER ONE RESOURCES (SVE): Un MONSTRE avec des teneurs en SILVER de de science fiction. Fil dédié.
» Royald Gold - RGLD / fil de suivi
» SANDSTORM (SAND) Royalties Streaming de croissance: Fil dédié.
» Endeavour Silver Corp / EXK : fil dédié.
» Fil dédié BLUE LAGOON. (7BL ou BLLG ou BLAGL selon votre Broker). Retenez bien ce nom !
» Les Podcast et interviews de David Brady, Sprott, Rick Rule, Katusa, Bix Weir, etc...SILJ (Hardin mini-fonds Silver Juniors et Royalties)
» analyses technique HUI -XAU- GDX -GDXJ
» LES JUNIORS EXPLORATRICES, "LE" levier sur le levier du levier (dans les 2 sens)...espérances légitimes ou Fantasmes?