The products
Single name credit default swaps
Example of a single name credit default swap
Physical settlement
Cash settlement
Binary or digital settlement
Credit default swaps compared to bonds
Single name trading strategies
Credit default swap conventions
Credit-linked notes
Credit indices
Index trading strategies
Collateralised debt obligations
Cash CDOs
How a cash CDO works
Synthetic CDOs
How a single-tranche synthetic CDO works
Synthetic innovations
Credit CPPI
Index tranches
What is implied correlation?
Asset-backed credit default swaps
How an ABS credit default swap works
ABS indices
Other credit derivatives
Credit swaptions
Recovery swaps
Constant maturity credit default swaps
Loan-only credit default swaps
Preferred credit default swaps
The background
The practicalities
Pricing and valuation
Upfront amounts
Market conventions
Documentation standards
Names and dates
Confirmation and settlement
Clearing the backlog
Problems with physical settlement
Essentials primer
Structured credit and credit derivative essentials, a Creditflux primer, published in July 2006.
Look up terms in our Structured credit and credit derivatives glossary