But perhaps the best, because it is the most liquid, is to look at options on the swaps market.

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One of the ways the market measures credit risks is by looking at the spreds of credit default swaps, a default insurance derivatives market that measures the risk of buying foreign bonds as compared to buying a comparable maturity from the US Treasury.

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They are identifying their requirements, looking at their particular role in the swaps market and many are putting in voice recording solutions.

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