Markit To Distribute Euroclear Bond Data

ed-chidsey

Data provider Markit has reached an agreement with Euroclear Bank to distribute its Eurobond reference data, therefore gaining a "vast majority" of the Eurobond data market, says Ed Chidsey, managing director and global head of data services at Markit.

Under the agreement, Markit will take over Euroclear's existing arrangements with data vendors, continuing to supply those vendors while handling distribution and contractual administration on Euroclear's behalf, according to Chidsey. "To the

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