CMA launches intraday CDS data services

CMA has today announced the launch of two new intraday credit default swap data services, which are designed to deliver independent, intraday credit pricing data to front and middle office professionals on a near live basis. CMA says its bid-offer prices are based on actual quotes observed in the market, with liquidity metrics providing information on the breadth and depth of the market.

The new front office service, CMA Quotevision Creditpulse aims to allow traders and investment managers to track market sentiment and understand its impact on positions throughout the trading day. The new middle office service, CMA Datavision Intraday CDS, is intended to help improve risk management practices. It expands CMA’s existing end-of-day service, allowing clients to receive full credit curves on the hour from the London open through to the New York trading close.