A decade after the last credit crisis, our market has grown exponentially by every measure: notional traded, market participants, trade count and trade allocations, to name a few.  However, there is one area that hasn’t grown: the size of operations and legal teams, who are primarily responsible for closing distressed trades and managing the sizeable risk of open transactions.

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January: Cold Temps, Hot Markets

Thanks both to improving sentiment – case study: Nasdaq’s 2% jump following the Fed’s 25 bps rate rise on Wednesday.