Totem Market Valuations Extends Derivatives Valuation Service To Three New Markets

Totem Market Valuations, the provider of derivatives valuation services, has expanded its independent pricing service for interest rate swaptions, caps and floors. It now includes Swiss Francs, Hong Kong Dollars and Korean Won. Totem already provides pricing information on vanilla

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Totem Market Valuations, the provider of derivatives valuation services, has expanded its independent pricing service for interest rate swaptions, caps and floors. It now includes Swiss Francs, Hong Kong Dollars and Korean Won.

Totem already provides pricing information on vanilla Interest Rate products in Euro, Sterling, US Dollar and Yen. The company also values more complex products such as Bermudan swaptions, power reverse dual currency notes, quanto products and Dollar structured derivatives.

In May 2004, Totem was acquired by Mark-it Partners, the credit pricing information company, with the aim of providing the OTC market with authoritative and reliable valuation, pricing and analysis across an unparalleled range of markets.

“We are committed to providing a comprehensive and high quality service to our customers,” says Tim Barker, Executive Vice President of Mark-it Partners. “This expansion will greatly help our customers to ensure that they are accounting for these complex instruments at a true market value.”

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