Hi,Having at some illiquid CBs, the bid/ask between 2 different market makers can be quite different. How does a market maker price the "illiquidity" from the theoritical price please? Thanks for your helpG.

<t>Hi,We own protection on the 3-7% index tranche which is now only has 0.0001% subordination (i.e. any credit event will mean that the tranche is eaten into).A full coupon was paid on 20/09/2009Entity A defaults on 01/10/2009Entity B defaults on 05/10/2009Entity B settles before entity A, and settl...

Hello,Normaly, are investment banks paying the fees and the studying material for the CFA? My boss seems reluctant to pay the fees and i thought it was quite standard in the industry to pay for this. Thanks in advance for your answers.G.

Try http://pioneer.perfectinfo.com or directly from bloomberg on the DES page