Wall Street Banks Launch Credit Default Swap Index
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2026
0mins
Source: seekingalpha
- Index Launch: JPMorgan Chase and other major Wall Street banks are collaborating with S&P Global to introduce a credit-default swap index, expected to begin sales next week, aimed at providing investors with tools to hedge against corporate default risks and enhance market liquidity.
- Private Credit Inclusion: The CDX Financials index will include 12% from private credit funds managed by Apollo Global Management, Ares Management, and Blackstone, reflecting the growing significance of the private credit market and its appeal to investors.
- Rising Market Demand: Investors reportedly sought over $20 billion in redemptions from private credit firms in Q1 2026, indicating increasing concerns about the asset class, which may drive demand for the new product and prompt market adjustments.
- Revival of Credit Default Swaps: Although credit-default swaps fell out of favor after the 2008 financial crisis, trading volumes reached a record $38 trillion in 2025, signaling a renewed recognition and growing demand for this derivative instrument in the market.
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Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 334.070
Low
260.00
Averages
341.38
High
400.00
Current: 334.070
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Fee Increases: The annual fee for the American Express Platinum card has risen to $895, while the Chase Sapphire Reserve card costs $795; despite these increases, the added perks like dining credits and hotel upgrades continue to attract affluent customers, enhancing competitive positioning in the market.
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See More
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See More
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- Dividend Announcement Timing: Historically, Bank of America announces dividend increases in the third quarter, with expectations for an announcement alongside its upcoming second-quarter earnings report, indicating that management's decision is based on timing rather than any underlying issues with the company.
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See More
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