Post-trade transparency in the CDS market

The International Organization of Securities Commissions has published a final report, Post-Trade Transparency in the Credit Default Swaps Market. It analyses the potential impact of mandatory post-trade transparency in one particular over-the-counter (OTC) derivatives market – the credit default swaps (CDS) market. The new post-trade transparency measures include making the price and volume of individual transactions publicly available.

 IOSCO encourages each member jurisdiction to put in place these measures, and recognises that each member jurisdiction is autonomous to decide the appropriate time and manner for enhancing post-trade transparency for CDS that trade in its respective market.

IOSCO media release