Parker Drilling Co Auction Results, 23 January 2019
Final Results of the Parker Drilling Co CDS Auction, 23 January 2019
Final Price: 49
On 23 January 2019, 9 dealers submitted initial markets, physical settlement requests and limit orders to the Parker Drilling Co auction administered by Creditex and Markit to settle trades across the market referencing Parker Drilling Company.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 53.0 | 58.0 | Barclays Bank PLC |
| BNP Paribas SA | 54.0 | 59.0 | BNP Paribas SA |
| Credit Suisse | 53.0 | 58.0 | Credit Suisse |
| Deutsche Bank | 53.5 | 58.5 | Deutsche Bank |
| Goldman Sachs International | 55.0 | 60.0 | Goldman Sachs International |
| J.P. Morgan Securities LLC. | 53.0 | 58.0 | J.P. Morgan Securities LLC. |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | 53.0 | 58.0 | Merrill Lynch, Pierce, Fenner & Smith Inc. |
| Morgan Stanley & Co. LLC | 51.0 | 56.0 | Morgan Stanley & Co. LLC |
| Societe Generale | 53.5 | 58.5 | Societe Generale |
Initial Market Midpoint: 55.75
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 10.0 |
| BNP Paribas SA | Offer | 0.0 |
| Credit Suisse | Offer | 7.953 |
| Deutsche Bank | Offer | 0.0 |
| J.P. Morgan Securities LLC. | Offer | 26.974 |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | Offer | 0.0 |
| Morgan Stanley & Co. LLC | Offer | 9.0 |
| Societe Generale | Offer | 0.0 |
| Goldman Sachs International | Bid | 6.53 |
Net Open Interest: USD 47.397 million to sell
| Sum of Buy Physical Requests | 6.53m |
| Sum of Sell Physical Requests | 53.927m |
| Sum of Physical Request Trades | 6.53m |
| Sum of Limit Order Trades | 47.397m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Goldman Sachs International** | 55.0* | 1.0 |
| BNP Paribas SA** | 54.0* | 1.0 |
| Societe Generale** | 53.5* | 1.0 |
| Deutsche Bank** | 53.5* | 1.0 |
| Credit Suisse** | 53.0* | 1.0 |
| Merrill Lynch, Pierce, Fenner & Smith Inc.** | 53.0* | 1.0 |
| J.P. Morgan Securities LLC.** | 53.0* | 1.0 |
| Barclays Bank PLC** | 53.0* | 1.0 |
| Barclays Bank PLC | 52.0* | 5.0 |
| Goldman Sachs International | 51.0* | 15.0 |
| Goldman Sachs International | 51.0* | 8.124 |
| Goldman Sachs International | 51.0* | 6.0 |
| Morgan Stanley & Co. LLC** | 51.0* | 1.0 |
| Barclays Bank PLC | 49.0^ | 10.0 |
| Societe Generale | 48.25 | 10.0 |
| Morgan Stanley & Co. LLC | 47.875 | 4.284 |
| Barclays Bank PLC | 47.0 | 15.0 |
| Credit Suisse | 47.0 | 5.0 |
| Societe Generale | 46.25 | 10.0 |
| Barclays Bank PLC | 46.0 | 20.0 |
| Barclays Bank PLC | 45.125 | 5.0 |
| Societe Generale | 44.25 | 10.0 |
| Societe Generale | 42.25 | 15.0 |
| Credit Suisse | 42.0 | 5.0 |
| Barclays Bank PLC | 40.125 | 5.0 |
| Goldman Sachs International | 38.0 | 10.0 |
| Barclays Bank PLC | 35.125 | 47.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.