Senior Correspondent, New York
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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

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.

Nov 14, 2014
Nov 14, 2014
Nov 13, 2014
Nov 12, 2014
Nov 12, 2014
via Global Investing

Counting Pennies In Venezuela


It was a gloomy, rainy night in Boston last week where emerging market analysts and portfolio managers huddled together before an audience of 75+ people to discuss an equally gloomy situation in Venezuela, specifically whether or not the nation, with the biggest proven oil reserves in the world, is on the precipice of defaulting on its debt.

Trying to figure out what economic and fiscal policies the administration of President Nicolas Maduro will follow to alleviate rampant inflation and shortages is akin to trying to read tea leaves. But a panel put together by EMTA laid out the scenarios and discussed the implications of any potential default. The talk of default really kicked off Sept. 5, 2014 after an article published by former Venezuelan planning minister Ricardo Hausmann and Harvard research fellow Miguel Angel Santos asked whether or not Venezuela should default.

    • 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."
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