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New Markit Red License for Buy Side

London-headquartered information provider Markit, has introduced a new freely available license for the Markit Reference Entity Database (Red) for small buy-side firms. Asset managers with light credit default swap (CDS) trading volumes using DTCC Deriv/SERV for trade confirmation will now have access to market best practice in CDS trade processing. The new license has been developed for smaller firms, enabling them to adopt a similar standard to other market

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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