Wall Street Looks for Fix to Shady Credit Default Swap Market amid Windstream Bankruptcy
Talk Business & Politics’ Wesley Brown reflects on the recent issue of engineered bankruptcies that puts additional strains on the CDS market.
The use of Deriveum as a collateral offers much more flexible, easy and secure outcome for the counterparties. In our system the resolver will make binding decision if a foul play is alleged (as in the Windstream case). This fast and objective dispute resolution will ensure that abuse of procedural rules will be impossible in the Deriveum system.
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