PROPERTY DERIVATIVES: Who are the players? Where is the market?
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 type of securities that you are referring too? Are you talking about CMBX/ABX/CMO space?
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