Demands for market transparency, FASB* standards and regulatory clarification on fair value accounting are challenging participants in the derivatives markets. As an independent intermediary in typically highly specialized markets, GFI can assist the buy - and sell-side by providing them with hard to find, independent and comprehensive real time and historical data. GFI's broking business strategy of creating liquidity in new markets and focusing on derivatives means that GFI's market data comprises the best set of prices available for the most liquid (and illiquid) derivatives being traded. As an important information hub GFI is ideally positioned to provide the capital markets with data, which reflects actual executable and executed market prices and trade information. GFI's data accurately reflects market sentiment rather than indications or sentiment gleaned through consensus pricing.
Market Data Sets Currently Available
Why GFI Market Data?
Forward insight into credit trends before most other indicators - means that information can be used to mitigate risk, measures concentration risk in sovereigns, industries and companies, and to gather a daily market perspective across a wide range of entities.
Widely recognised early warning signals - Real prices and actual transactions provide direct insight into the changing market perceptions of quality, highlighting active instruments and varying spreads on a daily basis.
Market depth - GFI collects and disseminates the market's view through snapshots of prices that are gathered throughout the day and around the clock. As the market expands so does our database of participants, keeping our data fully representative of the underlying market.
Market anonymity and neutrality - As an interdealer broker, GFI arranges transactions and does not take positions in the market. Data is comprised of information from the primary participants who have placed interest in the market, rather than individual perspectives selected on a request only basis.
Compliance with regulatory requirements - GFI's data gives confidence to institutions that must ensure accurate valuation of their derivative positions in order to fulfil audit requirements.
Standardization and transparency - Accounting regulations require the use of independent information for the valuation of portfolios. Risk managers at banks, hedge funds, corporations and institutions now have the price points to accurately revalue portfolios in one convenient service.
Internationally recognized - GFI's award winning brokerage desks and the global capabilities of our operations in New York, London, Sydney and Tokyo enable us to continuously build upon our already comprehensive market data. GFI is a leading market intermediary, collecting data from its hybrid brokerage operation and making it available to the industry.
Market Data Distribution Channels
• GFI Streaming Data Feeds
•FTP file downloads
• Web based portals
For those larger trading rooms that have market data distribution systems in place to increase the efficiency of data integration within their organization, GFI can offer both page and record based real-time market data feeds.
* The FASB Statement No. 157 on ‘Fair Value Measurements’ highlights the importance of ‘real’ prices and how companies should place less reliance on quotes that do not reflect the result of market transaction.