Our Experts Comment the Times Series

See All the Comments

Some Positions Still Need To Be Rolled

26 March 2014 by HCM

The volumes traded last week released by DTCC show that the week where the roll takes place is always a busy one for dealers. But they were probably a bit disappointed by the trading activity, given the important turnover the credit market has experienced since the beginning of the year. Volumes were far from what they were during the previous roll back in September, and it looks as if investors have not rushed to position themselves on the newly issued series of iTraxx and CDX. It could prove a good thing as off the run indices will keep trading for a while, making the market more diversified.