Wednesday, June 10, 2009 at 14.15

Clearing Credit Default Swaps: The End-User Perspective W14:15C

PORTER TUN Various exchanges, clearing organizations and independent ventures have been preparing to offer their own approach to clearing credit default swaps. As the morning sessions illustrate, each are in varying stages of readiness or have launched. This panel will discuss the pros and cons of the various models, the reaction of potential market users, the differing regulatory landscapes, product design challenges, and the operational considerations of connecting counterparties. Chair: David Clark, Chairman, Wholesale Markets Brokers Association Speakers: George Handjinicolaou, Deputy Chief Executive Officer and Regional Director, International Swaps and Derivatives Association Jeffrey Hogan, Managing Director, Head of Business Development, BGC Partners Kate Wormald, Managing Director, Osea Limited