Moody's buys BQuotes, provide securities pricing
Moody's Corp, the parent of credit rating agency Moody's Investors Service, on Monday said it acquired BQuotes for undisclosed terms to provide better price quotations for fixed-income securities, especially complex structured products and derivat...
By Agencies |
NEW YORK: Moody's Corp, the parent of credit rating agency Moody's Investors Service, on Monday said it acquired BQuotes for undisclosed terms to provide better price quotations for fixed-income securities, especially complex structured products and derivatives.
Credit market turmoil in recent months has left it difficult for investors to value a wide array of securities, including so-called collateralized debt obligations often backed by subprime mortgages, for which there is little or no demand.
Moody's said it will integrate BQuotes into the pricing and valuation products offered by Moody's Analytics.
Credit market turmoil in recent months has left it difficult for investors to value a wide array of securities, including so-called collateralized debt obligations often backed by subprime mortgages, for which there is little or no demand.
Moody's said it will integrate BQuotes into the pricing and valuation products offered by Moody's Analytics.
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