[HTML][HTML] How does standardization affect OTC markets in the long term? Evidence from the small bang reform in the CDS market
RD Manac, C Banti, N Kellard - Journal of International Financial Markets …, 2024 - Elsevier
Focusing on the most liquid segment of the European CDS market, this paper studies the
impact of a key standardization reform, known as the CDS Small Bang. We document that …
impact of a key standardization reform, known as the CDS Small Bang. We document that …
Green bond effects on the cds market
This paper investigates the impact of green bond issuance on firms' risk by analyzing the
reaction of CDS spreads. Focusing on firms that have issued at least one green bond, we …
reaction of CDS spreads. Focusing on firms that have issued at least one green bond, we …
Developments in CDS Markets: A Review on Recent CDS Studies
X Hu, Z Zhong - … of Investment Analysis, Portfolio Management, and …, 2024 - World Scientific
The credit default swap (CDS) market has experienced tremendous changes over the last
two decades. This chapter reviews recent studies on the CDS contract and the CDS market …
two decades. This chapter reviews recent studies on the CDS contract and the CDS market …
Identifying empty creditors with a shock and micro-data
Firms with credit-default swaps (CDS) traded on their debt may face" empty creditors" as
hedged creditors have less incentive to participate in firm restructuring. We test for the …
hedged creditors have less incentive to participate in firm restructuring. We test for the …
Standardization, transparency initiatives, and liquidity in the CDS market
L Daures-Lescourret, A Fulop - Journal of Financial Markets, 2022 - Elsevier
We investigate liquidity changes in the credit default swap (CDS) market around two events
that increased market transparency and standardization during the Great Financial Crisis …
that increased market transparency and standardization during the Great Financial Crisis …
Standardization, Transparency Initiatives and Liquidity in the CDS Market
A Fulop - Journal of Financial Markets, Forthcoming, 2022 - papers.ssrn.com
We investigate liquidity changes in the credit default swap (CDS) market around two events
that increased market transparency and standardization during the Great Financial Crisis …
that increased market transparency and standardization during the Great Financial Crisis …