Reuters and Markit have announced a wide-reaching content distribution deal for their customers. Users of Reuters’ premium desktop, 3000 Xtra, will now gain access to Markit’s comprehensive range of Credit Default Swap (CDS) data including Markit’s new Intraday service. Markit Intraday is a streaming pricing tool for the leading credit indices, iTraxx and CDX, as well as their constituents, which draws from the major CDS market makers globally. This service will be provided to all users of Reuters’ 3000 Xtra. Reuters will also provide mutual customers with Markit’s end of day and same-day pricing for the full universe of approximately 3,300 credits.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.