Senior Correspondent, New York
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Nov 19, 2014
Nov 19, 2014
Nov 19, 2014
Nov 19, 2014
Nov 19, 2014
Nov 19, 2014
Nov 18, 2014

Emerging market CDS volume up 27 pct in third quarter -EMTA

NEW YORK, Nov 18 (Reuters) – Emerging market credit default
swaps trading volume rose 27 percent in the third quarter versus
the same period a year ago, according to a survey released on
Tuesday.

EMTA, the emerging markets debt trading and investment
industry trade association, said volumes for CDS totaled $377
billion in the three months ending Sept. 30. The trading volume
represented a decline of 3 percent from the second quarter of
this year, the group said in a statement.

Nov 18, 2014
Nov 17, 2014
Nov 17, 2014

Ethnic diversity helps thwart market bubbles, lift profits: U.S. study

NEW YORK (Reuters) – Enhancing ethnic diversity on the world’s financial trading floors is a recipe for deflating devastating bubbles and increasing profits, data from a new study showed on Monday.

“Ethnic diversity is a value in itself. What we show is that it can economically also be valuable in market efficiency terms,” said David Stark, professor of sociology and international affairs at Columbia University.

    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
      Joined Reuters:
      1997
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