Markit Debuts 'Enhanced' iNAV Service

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Markit will calculate prices for over 5,100 global ETPs every 15 seconds, and will distribute the data to major stock exchanges and market data platforms for use by investors as a reference value to compare the tradable price against an evaluated fair value.

In a statement, Mark Schaedel, managing director and head of data services at Markit, says iNAV will help issuers provide greater pricing transparency amid increased regulatory scrutiny of ETPs.

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