The Markit Auctions platform is customised for each auction program and offers the flexibility to meet most auction requirements.
The platform provides functionality for auction setup, participant application, bidding, price calculation, results generation, approvals
and result distribution, as well as interfaces to third parties.
Markit connects all auction participants, including bidders, custodian and settlement agents, registries, auction monitors,
regulators and execution facilities.
We conduct credit event auctions on behalf of the International Swaps and Derivatives Association,
in conjunction with Creditex. We also provide auction services to the environmental markets with an auction platform and operational service
to the California Air Resources Board’s Cap-and-Trade Program Auction and Reserve Sales and the Pennsylvania Infrastructure Investment