Coronavirus May Infect Derivatives Markets, Sending Counterparties Crashing
Coronavirus May Infect Derivatives Markets, Sending Counterparties Crashing As the novel coronavirus spreads rapidly around the world, financial markets are becoming increasingly volatile. Equities have plunged into bear market territory, upending a decade-long expansion, and corporate credit markets are facing the possibility of widespread downgrades and defaults. Against this backdrop, derivatives markets are seeing activity spike.