CDX/iTraxx H1 Update 2020 – Performance, Record Volumes, Skews and Curves
The first half of the year resulted in significant credit volatility, with CDS indices playing a key role in investors' ability to manage credit exposure. As during the Global Financial Crisis, market disruption led to a surge in CDS index trading due to their ability to withstand large trading sizes. This came through in index volumes across CDX and iTraxx that were significantly greater YoY, along with large increases in tranched index trading.
Momentum in Asia Fights Off a Second Wave of Value in Europe and the US
Several regional equity benchmarks posted their best quarter in years on optimism that their economies are recovering from coronavirus shutdowns as restrictions are eased, while weighing the risk of a second wave in COVID-19 cases. The J.P.Morgan Global Manufacturing PMI provided one such positive economic data point, signaling that the global manufacturing sector downturn eased sharply in June after starting on the recovery path in May. Download report from our Research Signal team to find out more.
Get Answers to Your SFTR Questions
UnaVista is an approved Trade Repository (TR) for EMIR and SFTR, as well as an Approved Reporting Mechanism (ARM) for MiFIR. The updated SFTR FAQ by London Stock Exchange Group, featured subject matter experts from UnaVista and many of its partners – including Cappitech, Mazars, Bovill, IHS Markit, Duff & Phelps, GLMX, FINXIS, RGCL, MAP FinTech, Murex, Excelian, SteelEye, JDX Consulting, TRAction FinTech, D-Fine, LCH and Sensiple. You may download the full paper from the website.