Sources

Ryan McCarthy: 4 months after an EU-wide ban on naked shorts, sovereign CDS trading volume is down as much as 50% http://t.co/9unehRdvak

Chris Whittall: Markit has Italian CDS at 291bp - 46bp wider on yday's close. EU naked CDS ban means liquidity is way down http://t.co/iwjMCJQLbf

Tim Coldwell: RT @rszbt: RT @Chris_Whittall: Keep an eye on Italian CDS - first real test of market since the EU ban http://t.co/zMCKe4En1O #derivatives

Markit: RT @Chris_Whittall: Keep an eye on Italian CDS - first real test of market since the EU ban http://t.co/iwjMCJQLbf

Chris Whittall: Keep an eye on Italian CDS - first real test of market since the EU ban http://t.co/iwjMCJQLbf

Eric Burroughs: RT @chris_whittall: EU ban hits sovereign CDS volumes http://t.co/uboGIhRL83

Chris Whittall: EU ban hits sovereign CDS volumes http://t.co/iwjMCJQLbf