23 October 2017
Find out more

Reuters launches bespoke derivatives pricing service

28 January 2008  |  910 views  |  0 Source: Reuters

Reuters (LSE: RTR; NASDAQ: RTRSY) today announced the launch of a pricing service that delivers bespoke valuations for derivatives and complex securities.

Reuters DataScope Derivatives Pricing Service has been launched in response to customer demand as part of Reuters strategy to speed up the process of valuing complex securities.

Using the service customers can request a price for bespoke transactions, with completely transparent Reuters pricing and methodology behind each valuation. The service complements Reuters DataScope Select, which already provides prices for instruments that have a broader market adoption. This means Reuters now provides valuations for over 1.1 million hard-to-value financial instruments.

The need for an independent, trusted source to price derivatives has grown to record levels as the search for above average investment gains intensifies in particularly volatile market conditions. The importance of complete transparency, both in pricing and methodology, accuracy and speed in valuations has become even more of a priority following recent write-downs related to US sub-prime mortgage debt exposure.

Clients also increasingly need to understand how valuations are calculated and it is this key aspects that Reuters DataScope Derivatives Pricing Service delivers to existing customers, as well as new ones, who require pricing for instruments being developed and traded on a day to day basis.

Tim Rice, Global Head of Reuters Pricing and Reference Data said: "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."

"The speed and flexibility available via Reuters DataScope Derivatives Pricing Service coupled with the depth and breadth of Reuters coverage is key for our clients operating in today's volatile and heavily regulated market."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19627 views comments | 30 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15255 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11003 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9094 views comments | 15 tweets | 29 linkedin

Featured job

circa £250K total package
London

Find your next job