Swap Frenzy

Sprawling credit-default-swap market fuels interest.

The Chicago Mercantile Exchange and Citadel Investment Group see an opening in the sprawling and unregulated credit-default-swap market, their interest fueled by a growing awareness of the enormity of the space. With this awakening, arguments against regulation have faded, and interest in some form of market standardization, at least, has risen.

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