GFI and Lombard launch credit derivatives mark-to-market partnership

The partnership brings together GFI credit derivatives market prices with Lombard's ValuSpread Credit price verification service. The combined service will allowproduct controllers and risk managers to revalue credit default swap portfolios for mark-to market purposes, as well as verify pricing using complementary independent data sets, GFI said. In the arrangement, GFI will make part of its pricing data available through Lombard Risk's ValuSpread Credit service on a twice-monthly basis.

Although Lombard is not paying GFI for the information, Lombard clients will have to pay for the combined GFI-Lombard service, a GFI spokesman said.

Lombard launched its ValuSpread Credit service within the core dealer market in 1999 as the first price verification service for credit derivatives. ValuSpread Credit includes pricing information for more than 3,000 credits, and counts investment banks and end-users of credit derivatives among its clients.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a 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 individual account here