Serving the Quantitative Finance Community
Unwinding position
thx
Last edited by Doubtfin on February 23rd, 2006, 11:00 pm, edited 1 time in total.
Unwinding position
If the CDS quote is 100 / 101, this means that the dealer is willing to pay 100 and receive 101.So if you are currently receiving, you'll have to deal with the dealer at 101.Cheers!
Last edited by jomni on February 22nd, 2006, 11:00 pm, edited 1 time in total.