Fitch launches derivatives spin-off

Fitch Ratings has launched Derivative Fitch, the first specialist rating agency for the rapidly growing credit derivatives market. The agency will provide ratings, research, analytics and evaluation services to clients.

In setting up the new agency, Fitch hopes to meet the different needs that credit derivative investors have compared with their traditional bond counterparts. “Creating a stand-alone company devoted to the derivatives sector demonstrates our commitment to the important needs of

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