Items Tagged with 'Futures contract'


  • Property contracts coming to CBOE Futures Exchange

    The CBOE Futures Exchange is going to offer property-linked futures contracts, using Radar Logic real estate indexes, the two firms announced Tuesday. Daily house prices across the top 25 metropolitan statistical areas are already available on the Radar Logic Residential Property Index. The CBOE Futures Exchange (a.k.a. CFE) will now list tradable residential property futures contracts based on those RPX values.
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  • Are Rating Agencies Preparing to Lose the Counterparty Popularity Contest?

    Distressed mortgage borrowers seeking help in correcting their financial situation may get some distance in writing their Congressional representative. In mortgage finance, however, financial firms seeking options and clarity on their portfolio of investments may do better in writing to their credit rating agency, or CRA, first. The highly unique relationship between financial firms and the CRAs that measure the risk of their products seems to be as blurry now as it ever was back then, in spite of a historic financial crisis that shook investor confidence to the core.
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  • Credit Default Swap Market Needs Central Clearinghouse: Fitch

    Corporate single-name and index credit default swaps (CDS) remained resilient in '08 and so far in '09, despite credit events, according to a credit policy special report released Thursday by Fitch Ratings. Initiatives to standardize the CDx market aim to make it even less susceptible to credit market events. One such initiative, the clearing of single-name contracts and indices through a central counter party, is a necessary first step in reducing overall concentrated risk, Fitch said.
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  • More Glib Press on FASB

    If you read the headlines (and most people don’t bother to go much farther beyond the headline than the lead paragraph –- to our collective disgrace), you already think FASB eased the rules for measuring fair value on Thursday. You might believe that it has at last caved in to pressure from banks and Congress, and decided to allow “preparers” and their auditors to use judgment when valuing illiquid assets.
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