交易商协会完善信用违约互换信息服务

Core Viewpoint - The China Interbank Market Dealers Association has issued a notice to enhance the information services related to credit default swaps in the interbank market, aiming to improve market pricing capabilities and transparency [1] Group 1: Enhancements to Credit Default Swap Information Services - The notice combines real transaction prices with an optimized quoting mechanism to better meet market demands [1] - It introduces transaction price information for contract-based credit risk mitigation tools and adds intention-based quotes that can be converted into actual transactions [1] - The rights and obligations of quoting institutions are clarified, enhancing business information convenience and strengthening self-regulatory requirements to improve quote quality [1] Group 2: Methodology and Operational Improvements - The curve generation method is optimized to enhance the quality of quoting curves [1] - The focus is on actual needs to reduce the burden on quoting institutions, facilitated by system improvements for quoting operations [1] Group 3: Future Developments - The association plans to continue optimizing the supporting mechanisms for the market, enhance the application of real transaction prices, and improve market transparency [1] - There is an ongoing effort to stimulate market vitality and promote the high-quality development of the credit risk mitigation tools market [1]