PROPERTY DERIVATIVES: Who are the players? Where is the market?
AM
(Monkey, 45
Points)
on 1/10/11 at 4:22pm
Looks like more of a broker based market since none of the big banks are providing liquidity. Who are the primary broker players? Who are the hedge funds experimenting in this area?
If you are a property derivative professional - what are your insights?





do you have an example of the
do you have an example of the type of securities that you are referring too? Are you talking about CMBX/ABX/CMO space?
Derivatives - not
Derivatives - not securitizations as you mentioned, though those products can be argued to resemble a derivative.
I am talking about options, futures, and more specifically swaps - on commercial real estate all-property indices and sector-specific indices. Swaps seem to be the tool of the trade right now.