Kiesel, Florian; Lücke, Felix; Schiereck, Dirk - In: The Journal of Risk Finance 16 (2015) 4, pp. 425-443
Purpose – This study aims to analyze the impact and effectiveness of the regulation on the European sovereign Credit Default Swap (CDS) market. The European sovereign debt crisis has drawn considerable attention to the CDS market. CDS have the ability of a speculative instrument to bet against...