Credit default swaps have heightened market anxiety because they are conducted in the over-the-counter market where regulations are few and information about risk is often hidden. Marketplace Senior Editor Paddy Hirsch explains how OTC markets work in this video.
Over-the-counter, over the top from Marketplace on Vimeo.Credit default swaps have heightened market anxiety because they are conducted in the over-the-counter market where regulations are few and information about risk is often hidden. Marketplace Senior Editor Paddy Hirsch explains how OTC markets work in this video.