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Reuters Delivers New Derivatives Pricing Service
A New service from Reuters promises to deliver bespoke valuations for derivatives and other complex securities. The Reuters DataScope Derivatives Pricing Service is part of Reuters' overall strategy to speed up the valuation process for complex instruments, the London-based firm says.
Requested prices for bespoke transactions are provided using Reuters' methodology for valuation. Reuters claims the DataScope Derivatives Pricing Service is a major step toward transparency in pricing and methodology, as well as speed in the valuation of derivatives.
"Many of our clients trade financial instruments for which establishing the correct market price can be difficult. This service allows them to tap into the independence and integrity of Reuters to give a custom-made guide to the value of securities they hold," said Tim Rice, global head of Reuters Pricing and Reference Data, in a release.
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