Fitch Update: New Access Code For Global Credit Derivatives Teleconference Replay.Business Editors NEW YORK--(BUSINESS WIRE)--March 13, 2003 A replay of this morning's Global Derivatives derivatives In finance, contracts whose value is derived from another asset, which can include stocks, bonds, currencies, interest rates, commodities, and related indexes. Purchasers of derivatives are essentially wagering on the future performance of that asset. teleconference by Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. that discussed the preliminary results of the first-ever survey encompassing the credit derivative Credit Derivative Privately held negotiable bilateral contracts that allow users to manage their exposure to credit risk. Credit derivatives are financial assets like forward contracts, swaps, and options for which the price is driven by the credit risk of economic agents (private market is available. The teleconference featured prepared remarks from Chief Credit Officer Robert Grossman and Managing Directors Roger Merritt, Charles Prescott Charles John Prescott (9 June 1857 – 12 June 1946) was an English born Australian army chaplain, Methodist minister and headmaster. Early life Prescott was born in Bridport, Dorset, the eldest child of a Wesleyan clergyman. and Bridget Gandy, and a question and answer session. The replay is available until March 16 by dialing 1-800-642-1687 in the U.S. and Canada, 1-706-645-9291 if calling from outside the U.S. and Canada. All callers seeking the replay should quote the access number '9075899'. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion