Saturday, 20 December 2014
Last updated 17 hours ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.