This series follows the 2021 CDS indices primer: begin with single-name protection, then pricing, settlement, indices and index options. Historical names and conventions are kept in context; contract terms and the relevant current documentation take precedence.

Sharing my study notes of Markit CDS Indices Primer 2021  

| CDS

• (1) Introduction
• (2) Pricing
• (3) Settlement
• (4) ICE vs Markit

| CDS Index

• CDS index

| CDS Index Option

• Index Option

| Reference

• References