GFI Makes CDS-Linked Equity Research Offering

Feb 1 2007 | 12:58pm ET

GFI Group, an inter-dealer broker specializing in over-the-counter derivatives products and related securities, is offering equity research with a twist to U.S.-based hedge funds, mutual funds and other institutional money managers.

The group’s research examines the relationship between equity and credit markets and combines real-time credit default swap information with fundamental and technical analysis to provide recommendations on specific securities.

"The feedback has been extremely positive, exceeding our expectations, and we are already sending information daily to more than 100 portfolio managers," said Gary Kelly, GFI’s head of research. “CDS is a vital indicator of equity price movement because fluctuating CDS spreads provide a dynamic and real-time view of underlying company risk.”

Credit derivatives are the fastest growing derivative market and credit default swaps have a total of $26 trillion in outstanding contracts, according to the International Swaps and Derivatives Association.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note