Data provider Markit announced today the launch of Markit Fair Value, an outsourced service that helps mutual funds price bonds outside of active trading hours. BST spoke with Matthew Berry, director of valuations at Markit, about how why there was a need for this service and how the vendor plans to move the product forward.
(Markit won the BST Award for Best Pricing/Valuations Service.)
BST: Can you give some background on why pricing a bond outside of active trading hours is so difficult?
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails