DTCC looks to increase transparency of CDS market

10/31/2008 | Bloomberg

As the market of credit-default swaps continues to be scrutinized for possibly having contributed to the financial crisis, the Depository Trust & Clearing Corp. is considering disclosing additional data to boost transparency of the market. DTCC discussed the idea with brokers, banks and others but has not publicly detailed any plans. The collapse of Lehman Bros. and the rescue of AIG put increased pressure on CDS and traders who conduct them.

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