The Credit Default Swap Basis
Credit default swaps are now well established and are an important trading option for financial professionals. This books offers a full description of the basis, including methods of measuring it, and trading strategies that can be built around it.
Credit default swaps are now well established and are an important trading option for financial professionals. In order to determine if an investment is mispriced and could be traded at a profit, investors need to understand what the credit default swap is, how it works, and how to trade it. This book is the first to fully describe the basis, including methods of measuring it, and trading strategies that can be built around it.
REVIEWS :“Choudhry is a great speaker and economics lecturer and the book
contains many of his pearls of wisdom, intelligently and interestingly
laid out.”
Securities and Investments Review
Hardback, 240 Pages, Dimensions 216 x 138 MM Language English.
Moorad Choudhry heads the Treasury department of the derivatives unit at KBC Bank NV, a major European financial services company. Formerly a vice president in J. P. Morgan Chase's Structured Finance Services group, he has authored numerous journal articles and books, including The Global Money Markets written with Professor Frank Fabozzi. Choudhry is editor of the Journal of Bond Trading and Management.