Back to Basics

Markit Red (Reference Entity Database) is a utility used by the credit default swap (CDS) market to confirm the legal relationship between reference entities and their associated reference obligations, together known as 'pairs'. Red 'pair clips' identify the reference entity, the reference obligation, and the relationship between the two with a unique nine-digit code. Since June 30, 2005, dealers have been able to electronically match trades on the Depository Trust & Clearing Corp's clearing

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: