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S&P Provide More Data for US Securities

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S&P Valuation and Risk Strategies announced the addition of a new intra-day pricing snapshot for US taxable securities.  Delivered via Standard & Poor’s Securities Evaluations (SPSE), a leading provider of independent evaluations, the new intra-day report – delivered at 12:30 PM ET daily – provides a real-time snapshot of market-derived pricing for over 1.5 million fixed income instruments.

The new intra-day pricing data is delivered in addition to the 3:00 PM EST and 4:00 PM ET pricing currently provided by Standard & Poor’s Securities Evaluations. It is a reflection of growing demand among market participants for regular updates that track the day’s market activity to assist them in spotting nascent trends that will affect valuations.

“Day-to-day events have proven to have dramatic impacts on the fixed income markets in recent months and many investors need an intra-day compass to either reassure them that their assumptions are intact or serve as an early indicator that market valuations are on the move,” said Frank Ciccotto, Senior Vice President, Standard & Poor’s Valuation and Risk Strategies.  “Further, we are providing European institutions that hold U.S. securities a point in time price that aligns with their market close.”

The development of the new intra-day pricing snapshot is part of Standard & Poor’s Securities Evaluations’ ongoing effort to improve transparency in its fixed income products and services. Intra-day pricing is now available to S&P customers through a direct data feed.

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