bantrader Posted December 10, 2014 Share Posted December 10, 2014 Anybody knows if is it possible to buy a CDS (credit default swap) for a retail investor? I'm thinking to buy a CDS in order to hedge some investments in Russia or to speculate about a possible default by countries like Russia and Venezuela. Please let me know If anyone knows if is it possible and where can i buy it. Link to comment Share on other sites More sharing options...
thepupil Posted December 10, 2014 Share Posted December 10, 2014 http://www.etf.com/WYDE only way i know of for retail to short credit is the WYDE etf, doesn't seem to have taken off though. you can't trade OTC CDS as a retail investor because that would require you to set up with an investment bank go through KYC process and go through all kinds of counterparty agreements. the bank's trading desk has zero incentive to do it with you unless you are going to be a source of significant business. Since I'm assuming you're not running a $500MM credit book from home, you will not be a source of significant business. you can always attempt to short bonds...not sure if you can short sovereigns but you're far more likely to be able to do that than pay on CDS. Link to comment Share on other sites More sharing options...
bantrader Posted December 10, 2014 Author Share Posted December 10, 2014 Thanks for the info ThePupil, Link to comment Share on other sites More sharing options...
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