Find live, snapped and end-of-day price updates for approximately 2,400 CDS entities and all the major credit indices, including CDX and iTraxx. IHS Markit also delivers a suite of value-added CDS services to provide greater transparency into the marketplace. Use our CDS composite and contributor-level data to support price discovery, risk management, compliance, research and valuations.
Our CDS pricing service aggregates contributed CDS data from market makers’ official books of record, live quotes and clearing submissions and results. We then process this data using rigorous automated cleaning tests in all of our services to publish 1.9+ million daily quotes, covering 9,000+ curves.
Data integrity – Access high quality pricing sourced from multiple data contributors and put through a rigorous data-cleaning process
Timeliness – Get pricing updates on a streaming intraday basis, snapshot at defined intervals for same-day analysis and on an end-of-day basis
Extensive coverage – Leverage a wide breadth and depth of coverage, including approximately 2,400 entities and all the IHS Markit credit indices
Dedicated support – Get direct access to IHS Markit analysts for data queries and price challenges
Flexible distribution – Enjoy product delivery via the web, Price Viewer or through integration into your internal systems or third-party platforms
Get end-of-day CDS single name composites on approximately 2,400 entities as well as index and tranche-level data for on-the-run and off-the-run indices from IHS Markit. We receive contributed CDS data on corporate, sovereign and municipal CDS single names and indices from the official record books of market makers. We then apply a rigorous curve-based cleaning process to the contributed data and discard data that fails these cleaning tests.
Our Sameday CDS service includes more than 2,400 corporate and sovereign CDS single names and all IHS Markit credit indices. Customers access the pricing for single names via six regional reports: Sameday Japan, Asia, Europe, London, New York and Midday London. Each same-day CDS report is downloadable at the close of the business day in the respective region, with the London report available at midday. Our credit indices include 12 snapshots per day across multiple regions.
Due to volatility, risk and regulatory concerns, market participants need to monitor the CDS market and access timely pricing data. Our streaming CDS pricing discovery tool enables you to monitor CDS prices and price movements throughout the day on observable data. Using our end-of-day CDS composite data along with real-time data captured from Parsing, Pricing Data from IHS Markit delivers a streaming feed of 10.5K+ CDS curves and 1.9M+ CDS price quotes.
Find daily CDS settlement prices for four clearinghouses globally: ICE Clear Credit, ICE Clear Europe, Japan Securities Clearing Corporation and LCH Clearnet S.A. These respective clearinghouses use CDS settlement prices from IHS Markit in their risk management processes. Get daily price and spread levels for cleared instruments from 500+ entities and sovereigns, including CDS single names and credit indices. A daily settlement price calculation ensures the objectivity of these prices.
Our CDS Pricing leverages a wide number of contributors to provide high quality data that delivers in-depth insight into the CDS marketplace. Our Sensitivities service delivers information on the relationship between a CDS price and other market variables.
IHS Markit delivers daily CDS sector curves reports. We calculate these curves with spreads from our end-of-day CDS single name composite pricing data, which is based on contributor submissions that have undergone a rigorous cleaning process. The sector curves are calculated for average ratings from Moody’s, Fitch and S&P, ranging from AAA to CCC and are further broken down into the different sectors associated with these ratings.