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…While Reuters Adds CDS Prices from Bear, Stearns

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Reuters clients will now be able to receive credit default swaps and interest rate swaps pricing evaluations from Bear Stearns Pricing Direct. The addition of PricingDirect evaluations to Reuters Pricing and Reference Data is, says Reuters, the first step of a broader strategy to provide its customers with independent credit derivatives pricing based on a Reuters composite alongside pricing from partners. As a result of increasing regulation, its clients require multiple pricing sources and a choice of providers, Reuters believes.

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