Tullett Prebon Information, the market data division of inter-dealer broker Tullett Prebon, has launched a branded OTC derivatives pricing service.
Mark2Marker aims to deliver independent inter-dealer broker pricing for mark to market purposes. On either an intraday or end-of-day basis, Mark2Marker offers global pricing data for the full spectrum of over the counter (OTC) asset classes, including interest rate swaps, credit derivatives, capital markets, energy derivatives, fixed income and foreign exchange.
“Mark2Marker is an exciting offering both in terms of the breadth of asset classes it covers and in its geographical reach,” says Frank Desmond of Tullett Prebon Information. “The service can be tailored to a client’s exact needs and we believe its independent, high-quality pricing can assist organisations in meeting the challenges of today’s emerging regulatory environment notably the Markets in Financial Instruments Directive.”