Fitch Adds Korean CDS Pricing

 

Fitch Solutions, the data and technology arm of ratings agency Fitch, has expanded its CDS Pricing Service with support for credit default swap contracts denominated in Korean won, based on a proprietary model that includes analysis of implied default rates derived from the CDS price in US dollars and the volatility of the exchange rate between the won and the US dollar, to provide a daily feed of both US dollar and derived Korean won CDS prices. Several market makers and buy-side firms that

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