Zoltan Fekete focuses on credit-derivatives pricing and liquidity modeling. Previously, at Morgan Stanley, he worked on fixed-income modeling. Zoltan graduated from the Budapest University of Technology and Economics with a master’s degree in mathematics.
Research and Insights
Articles by Zoltan Fekete
CDS Fading as a Measure of Value in Emerging Markets5 mins read Blog | Jun 17, 2021 |
Credit investors use spreads to compare relative value and risk. Studies of emerging-market sovereign debt have shown that credit-default swaps tended to be a better measure of value than spreads computed from bonds. But is it still the case?
The CDS Market Stayed Healthy amid COVID5 mins read Blog | Nov 23, 2020 |
Since the global financial crisis, many have expressed concern about the health and future of credit-default swaps. Could institutional investors find the liquidity they need to hedge credit risk in subsequent periods? We examine CDS liquidity during the COVID-19 crisis.