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.
WatersTechnology attended the Futures Industry Association's annual conference in Boca Raton, Florida. These are the takeaways.Subscribe to Weekly Wrap emails
- The Insurgents: Fintechs Are Knocking Off Incumbents
- CFTC Commissioners Lash Out at EC Clearing Proposals
- Waters Wavelength Podcast Episode 113: IBM's Lund on Blockchain's Evolution
- Wrestling Over Competing Mifid II, GDPR Data Demands
- MarketAxess Banks on Asian Electronic Markets with BlackRock Partnership