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European Banks 2013: UCGIM vs STANLN

04 December 2013 by HCM

Grapple selection lets the user browse with an original view on the data. While browsing from iTraxx Europe All Members to the Financial cluster, the chart displays a list of CDS candlesticks. A candlestick displays simultaneously a double view of the performance of an asset over a given period. The vertical line displays the trading interval, from the widest to the tightest level. The box displays the variation over the period, from the first day to the last day. A filled boxes indicates a widening over the period while a hollow box indicates a tightening.
UCGIM (UniCredit Spa) CDS has traded over the period between 417bps and 170bps, while it has tightened from 299bps to 184bps from the start to the last day of the period. It has been highly volatile but it is trading at the end of the period close to its tightest levels.
STANLN (Standard Chartered PLC) is the weakest CDS on the period. It has widened from 97.5bps to 108bps, in conjunction with the emerging market weakness over the period.