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

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR