Paladyne integrates Markit data

Paladyne Systems is to include credit pricing and reference entity data from Markit into its suite of products.

The two companies believe hedge fund professionals will benefit from standardisation of derivatives trading that Paladyne’s Security Master and Price Master products will now offer.

Paladyne has integrated Markit RED, Markit iTraxx and Markit CDX index constituent data, single-name credit curves and other Markit content.

Markit RED (Reference Entity Database) is an industry standard

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