| Markit CDS Intraday is a price discovery tool to assist market participants to monitor intraday CDS market pricing activity and changes in CDS spreads. |
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| Product summary: |
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The need to access timely pricing data has never been greater as market volatility, and regulatory requirements are rising. Continued volatility in the global credit markets has served to highlight and reinforce the importance of access to timely pricing data. Markit CDS Intraday, a streaming pricing service for the suite of tradable Markit credit indices, and liquid single names, is uniquely positioned to meet these requirements.
The Markit CDS Intraday service is based on cleansed and aggregated real-time observable quotes. The end result is a streaming feed of CDS spreads. Coverage is approximately 1,000 single names and all major tradable Markit credit indices.
As a streaming CDS pricing service, Markit CDS Intraday serves many functions.
Markit CDS Intraday is accessible via
- Markit Desktop
- Markit Solutions
- Alliance Partners |
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| Key benefits: |
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| Timeliness: Index data is available real-time, and single names with a 30 minute delay |
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| Coverage: On-the-run and off-the-run indices, over 1000 single names |
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| Quality: The quality of each input and intraday composites is constantly monitored to ensure highest level of data integrity |
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| Independence: Data is cleansed, aggregated, and delivered in an independent and aggregated multi-contributor service |
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| Key functions: |
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| Market monitoring: Monitor specific names, sectors, or regions intraday to ensure market volatility is captured in a timely manner |
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| Transparency: Markit CDS Intraday enhances transparency into the CDS market by providing intraday information in addition to Markit’s leading end-of-day service |
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| Research: Analyze intraday trends, build research tools, create alerts and test trade ideas with the most up-to-date information |
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