DTCC Connection

Sep 01, 2010 • DTCC Connection

FTSE Global Markets Magazine Begins Publishing CDS Data

by Judy Inosanto


FTSE Global Markets has added to its editorial lineup a page of statistical tables based on DTCC's publicly reported data on the credit default swaps (CDS) market, starting in the September 2010 issue.


"Our publication is dedicated to reporting on the most relevant and topical news stories and information shaping today's global capital markets," said Francesca Carnevale, editorial director of FTSE Global Markets. "Given the heightened interest in the CDS market among lawmakers, regulators and the public at large, including this data as a regular part of our statistical pages will be a welcome addition for our readers. It has particular resonance given the delicate sovereign risk reputations of some of the G20 nations these days. Moreover, we are delighted to be working with DTCC in heightening awareness of this valuable data set."


DTCC, through its wholly owned subsidiary, Warehouse Trust Company LLC, operates the central global repository and post-trade processing infrastructure for the US$25 trillion (gross notional value) CDS market.


Snapshot of tables

The CDS information highlighted in the magazine includes tables on the top-10 corporate and sovereign credit default swaps (single-named reference entities) ranked both by net notional value as well as by total number of contracts written, the most actively traded CDS reference entities and a ranking by gross notional value of the industry segments for these instruments. Since DTCC began publicly posting CDS data in November 2008, its statistics have been regularly sourced in news outlets throughout the world.


"Working with a major magazine such as FTSE Global Markets to publish, on a regular basis, key data on the CDS market demonstrates DTCC's commitment to ensuring that the information is available and is readily accessible to regulators globally and the general public," said Stewart Macbeth, DTCC managing director and general manager of the Trade Information Warehouse. "While we publish CDS information on our website weekly, we're looking for ways to leverage its value and expand its dissemination more broadly."


More on the magazine

FTSE Global Markets is a bi-monthly publication, with 20,000 readers globally. It provides commentary and analysis on the world's equity and debt markets.


The publication's circulation represents a broad cross-section of market professionals from financial institutions, pension funds, mutual funds, stock exchanges, hedge funds, investment firms, brokerages and trading floors as well as specialist data providers. @


[To view the data table appearing in FTSE Global Markets, go to www.berlinguer.com and click the most recent issue of the magazine. Alternately, go to the Research and Publications section at FTSE.com and click FTSE Global Markets, section 2.]


dtccdotcom