October 31, 2008

Starting Nov. 4, Some Credit Default Swap Info Will Be Made Public

"Starting Tuesday, November 4 and continuing weekly, DTCC [The Depository Trust & Clearing Corporation] will post on its website www.dtcc.com/derivserv the outstanding gross and net notional values ("stock" values) of credit default swap (CDS) contracts registered in the Warehouse for the top 1,000 underlying single-name reference entities and all indices, as well as certain aggregates of this data on a gross notional basis only. The data is intended to address market concerns about transparency."