Monkeys,
I am a super novice to the trading/ AM world. My firm is considering to underwrite/ trade CDX and I am tasked to find out how the trade would work. Can anyone please tell me anything/ everything I need to know about how the trade work?
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https://en.wikipedia.org/wiki/Credit_default_swap_index
Also, you were given a task to do, and instead of doing it, you want someone else to do it for you, and take the credit? Sounds perfect!
Troll detected... WTF kind of firm venturing into something as exotic as CDX resorts to WSO for information?!
1/10 TROLL.
Something tells me I want to be on the other side of that trade.
Glad to hear - now, elaborate how you are going to be on "the other side" of my trade. Why do you think there would be an other side to begin with?
LOL WHAT
Obviously you've never set a foot on the trading floor.
Erm dude, do you understand what 'other side' means ?
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