The aim of the article is to verify the impact of the ban on uncovered sCDS trade in Europe on the interdependencies between the sCDS market and other sectors of financial markets. We analyse two European markets: the safe and developed Swedish market, and the risky and developing Hungarian one....

Current financial order books and subsequent Electronic Communications Network trades require investors to submit orders to centralized exchanges which allow buyers and sellers to meet at market asset prices. This creates an unnecessary trusted third party between investors which then reports...