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Data Management

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Markit Launches CDS Data Portal

Markit has launched a credit default swap (CDS) data and information portal to increase transparency in the market.

The data portal will be available on Markit.com/cds and will feature a range of Markit’s independent CDS data sets including pricing for Markit’s family of CDS indices – the Markit CDX and Markit iTraxx; the last quote received by Markit before New York close of trading for about 450 of the most liquid CDS contracts; the biggest daily single name CDS movers for North America, Europe and Asia; and daily Markit/ICE Trust CDS settlement prices for the most liquid Markit CDX index contracts listed for clearing by ICE Trust.

Markit has also published a free online calculator that converts CDS spreads into the new upfront quoting convention.

In a statement, Armins Rusis, Global Co-Head of Fixed Income at Markit, said, "The CDS market is viewed as the barometer of health for the broad credit markets. It is therefore important to make information about this market as widely available as possible. Markit remains committed to increasing transparency in the CDS market and we will continue to work with the industry to help it adapt to a changing environment."

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