UK data services provider Markit has launched a same-day pricing service for European asset-backed securities (ABS).The service will provide same day bid and offer prices, spreads and average life assumptions on more than 3,500 securities. Classes covered include residential and commercial mortgage-backed securities, asset-backed securities and cash collateralised debt obligations.
Prices are based on daily mark-to-market pricing information from major ABS dealers and market makers, according to Markit. The service will be available through a website, designed to allow dealers to reveal prices selectively to specific clients, and to give buy-side users access to specific security pricing data.
More on Technology
Business strategies must be able to leverage technologies with right attitudes in place, say C-Level panelists.
Derivatives venues, underlying ledger technology in focus.
Numerix stays ahead of the pack; run close by Bloomberg and Thomson Reuters
Julia Philipp recommends targeted defences, data sharing and response planning
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.