Where can I buy credit default swaps?


Posted February 12th, 2009 by admin 2 Comments »
credit swaps
Paul N asked:


I’ve heard alot about the credit default swaps in all the news coverage. Where do buy them? No one in any bank I know of know where all this financial stuff is happening. Where is all this trading taking place?

What are CDO and Credit default swaps?


Posted February 12th, 2009 by admin 3 Comments »
credit swaps
Abu asked:


I am very interested to know about CDO, collateralized debt obligations and Credit default swaps. Please also tell me how this CDOs are created, who create the CDOs and what benefits CDOs give to its buyers. I would like to know the mechanism behind creation of this derivative. Could you please explain the mechanism through a simple arithmetic?