Confusion on timing leaves securities firms scrambling to move swaps to clearinghouses.

Funds poised to overtake credit derivatives as way to speculate on high-yield debt.

Funds poised to overtake credit derivatives as way to speculate on high-yield debt.

Trading in securities with poison put suggests investors dont put much stock in Schulze purchase.

Trading in securities with poison put suggests investors dont put much stock in Schulze purchase.

Traders treat PC makers debt like junk as companys cash declines.

Traders treat PC makers debt like junk as companys cash declines.

CEO Thain persuades investors that lenders debt is creditworthy.