BloombergEurex To Use New Bloomberg Model For Calculating New Credit Index

BloombergEurex, the international derivatives exchange, will use a new Bloomberg model to calculate the final settlement prices of its new credit index future, which will be launched on 27 March. "Incorporating the Bloomberg CDS pricing model in our calculation of

By None

BloombergEurex, the international derivatives exchange, will use a new Bloomberg model to calculate the final settlement prices of its new credit index future, which will be launched on 27 March.

“Incorporating the Bloomberg CDS pricing model in our calculation of settlement prices will increase the transparency of our product,” says Peter Reitz, member of the Executive Board of Eurex. “At the same time we will benefit from Bloomberg’s distribution to a worldwide customer base.”

«