Credit
ICE Data Derivatives sources, validates and delivers CDS Single Name and Index pricing to a global financial client base to support workflows across trading, risk, pricing, research and compliance.
Extensive coverage
Single names, Indices, Tranches, Sovereigns & Quantos
End-of-day to every 20-minute curve updates
60,000 streaming tick prices daily
18+ years of historical pricing data
2,000+ Regions, Rating, CDS Sector Curves
Single names, Indices, Tranches, Sovereigns & Quantos
End-of-day to every 20-minute curve updates
60,000 streaming tick prices daily
18+ years of historical pricing data
2,000+ Regions, Rating, CDS Sector Curves
Supporting a variety of workflows:
Our comprehensive CDS pricing solution enables market participants to integrate up-to-date market data into their analytics and workflows to help improve decision making, risk analysis and price verification processes.
Trading
- Monitor CDS names, bonds and macro credit markets
- Define and back-test trading strategies
- Use intraday data as input to equity trading strategies
- Contrast cash vs. derivative markets
Risk Management
- Portfolio Risk Management - Input into VAR, DV01, Scenario analysis
- Counterparty Risk - Monitor and price counterparty risk
- Credit Risk Analysis - Market view of LGD, PD, implied ratings
Pricing & Valuations
- Use CDS as input in pricing and valuations of CDS and bond positions
- Use CDS to make credit valuation adjustments
- Use CDS as input for pricing illiquid debt instrument
Trading
- Monitor CDS names, bonds and macro credit markets
- Define and back-test trading strategies
- Use intraday data as input to equity trading strategies
- Contrast cash vs. derivative markets
Risk Management
- Portfolio Risk Management - Input into VAR, DV01, Scenario analysis
- Counterparty Risk - Monitor and price counterparty risk
- Credit Risk Analysis - Market view of LGD, PD, implied ratings
Pricing & Valuations
- Use CDS as input in pricing and valuations of CDS and bond positions
- Use CDS to make credit valuation adjustments
- Use CDS as input for pricing illiquid debt instrument
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Efficiently and cost-effectively access CDS markets and manage risk by clearing Options on CDX North American Investment Grade and High Yield indices.
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