Jav Bose, Head of Product Development at CMA said that "The upcoming changes to quoting conventions for single name CDS are required for smooth settlement and position netting in the CDS market. The adaptations we have made will make it easier for clients to manage the new conventions and pricing conversions and minimise the time from price discovery to taking trading and risk management decisions."

CMA encourages market participants who have questions regarding the new quoting conventions, price conversions or product upgrades, to contact CMA in London or New York for more information.

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