very interesting. whether there will a exchange website where people can trade their CDS position?

I will be issuing a high yield pass-through bond soon, and I will be pleased to do some CDS trading myself against the security I issued myself. Is there anyway to ask you prove that I have hold a certain position to the public?

Though there is still risk for investing my bond, but I have strong belief in the plan myself. People will have a wrong estimation about the default probability distribution function, and I will make money out of it as I'm the one who knows the distribution the best at the same time deliver a clear signal to the market to protect my investors from panic.