Sophis Survey – Derivatives Will Move to Exchanges and Clearing

Sophis, a provider of portfolio and risk management solutions, says a survey of risk professionals shows that they expect at least 50% of their CDS trades will move from OCT to exchange-cleared platforms and 73% said that that next generation clearing houses for CDSs are absolutely necessary to improve credit trading
“The finance industry is clearly [...]

Murdoch’s Wall Street Journal is More Interesting

No Page 3 girls, but the Journal has become somewhat livelier under Rupert Murdoch. Word was he planned to cut the length of some of the long feature stories, which had occasionally verged on parodies of themselves.
But what I have enjoyed is the way some topics are covered two or three times in different sections [...]