About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Fitch Solutions Provides CDS Pricing for Korean Won

Subscribe to our newsletter

Fitch Solutions, a division of the Fitch Group, has extended its CDS Pricing Service to offer derived CDS pricing for Korean Won (KRW) CDS contracts, bringing transparency to this highly illiquid market to improve users’ investment and risk management decisions.

Covering the Korean corporate and financial sectors, the new service is based on a proprietary model which uses analysis of both implied default rates derived from the US dollar (USD) CDS price, and the volatility of the KRW versus the USD exchange rate.

“By providing improved transparency on Korean Won CDS through derived pricing, Fitch Solutions expects market liquidity to improve, which will then enable Fitch to generate consensus KRW CDS pricing using data from leading market maker banks,” said Catherine Downhill, commercial director, Fitch Solutions, London. Fitch Solutions’ CDS Pricing Service currently provides consensus pricing on up to 3,000 global names across a range of currencies including the USD, EUR, YEN and GBP.

Users will receive a daily feed of both USD and derived KRW CDS prices – the service is currently being trialled by KRW CDS market makers and selected buy side participants. It is anticipated that the KRW CDS Pricing Service will be launched more widely during the second half of this year.

“The introduction of Korean Won CDS pricing will benefit all market participants and is further proof of the significant increase in demand from the Asia-Pacific region for CDS pricing data. It will also eventually augment Fitch’s existing Asian market closing CDS consensus pricing service,” added Downhill.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Taming the Private Markets Data Beast: Solving for Valuation, Integration, and Reporting in Alternative Investments

Available On-Demand Institutional activity in private markets has surged as organisations’ traditional investment theses have been upended by global economic volatility, geopolitical instability and fee compression. In their search for better risk-adjusted returns, they have found a rich seam of alpha from private equity and credit, real assets, venture and hedge funds, as well as...

BLOG

Semantic Frameworks Slow to Gain Traction Despite Criticality to Data Democratisation: Webinar Review

Semantic layers have become critical to financial institutions as they have expanded the use of artificial intelligence agents and widened staff access to them. The sophisticated interfaces give non-technical users the ability to guide agents to interact with their firms’ data and build efficient workflows. And yet, few organisations have really got their teeth into...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...