Uncle Carl is feeling the "rumbling" of an imminent market earthquake.
Citi might be rethinking the whole "let them come sue us" thing.
Or why Citi, according to its own logic, is undercapitalized by $50 billion.
What remains of the failed investment bank wants some of its $2 billion collateral back from Citi.
So credit-default swaps have a pretty bad rap in the wake of that whole financial crisis. And people apparently aren't interested in trading things that some parts of the general public (otherwise known retail investors) blame for the aforementioned unpleasantness without actually understanding anything about CDS. The IntercontinentalExchange has an idea to change all of that: