032805

BRIEF OBJECTS

PRINCIPIA USES MARKIT DATA

Principia Partners has integrated credit default swaps (CDS) data from market data vendor Markit into its automated credit derivatives trading and operations platform, the Principia System. The platform’s framework lets credit derivatives users price and risk-manage products using a range of market data. This adds to the asset classes that Principia manages such as credit derivatives, cash securities, and foreign exchange (FX).

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