Markit has extended the range of instruments covered by its Portfolio Valuations service to include structured products.
Markit will now provides valuations for a wide range of equity, currency and interest rate structured products including; equity structured notes and swaps, short- and medium-term currency structured notes and swaps, single currency interest rate structured notes and swaps, inflation options and SIFMA swaps, hybrid equity / currency structured notes and swaps, quanto rates exotics, including quanto CMS caps and floors and quanto CMS spread options.
Valuations are provided on a daily, weekly or monthly basis.
Markit’s Portfolio Valuations service provides independent, post-trade asset pricing to mutual funds, hedge funds, traditional asset managers, fund administrators, custodians and private banks. The service covers a wide range of cash and OTC derivative instruments – both vanilla and exotic – across the major asset classes, along with credit valuations on investment grade and high yield bonds and syndicated loans. Markit’s valuations are calculated using a wide variety of high quality data inputs that have been tested against market-observed prices.
Last month, Markit launched liquidity metrics detailing market depth information, bid/ask spreads and pricing source to complement its independent valuations for CDS and evaluated bonds. The company plans to add liquidity metrics for loans and asset backed securities in the comings months.
