The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from TheNewswire.ca

Thomson Reuters Launches Canadian Mortgage-Backed Securities Pricing Service

Wednesday, October 23, 2013

Thomson Reuters Launches Canadian Mortgage-Backed Securities Pricing Service

07:14 EDT Wednesday, October 23, 2013

(Thomson Reuters ONE via TheNewswire.ca)

Thomson Reuters Launches Canadian Mortgage-Backed Securities Pricing Service

New pricing service expands breadth of evaluated pricing coverage in Canada

NEW YORK, October 23, 2013 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the launch of evaluated pricing for Canadian mortgage-backed securities (MBS) to assist customers in accessing accurate end-of-day pricing. The new pricing offering is part of Thomson Reuters Pricing Service (TRPS), a global solution that provides evaluated prices to support portfolio, fund and single security valuations.

With increased market volatility and a heightened focus on regulatory requirements, evaluated pricing has become more critical. Thomson Reuters team of expert evaluators will employ a mark to market methodology to price the universe of Canadian MBS pools on a daily basis, providing coverage for approximately 10,000 fixed and floating rate instruments.

"The launch of the Canadian MBS pricing service is driven by market participants' demand for independent and transparent pricing," said Jayme Fagas, global head of evaluated pricing at Thomson Reuters. "This new offering further demonstrates our commitment to provide clients with the most accurate and timely valuations, and further supports Thomson Reuters vision to expand the breadth of evaluated pricing available through TRPS."

TRPS is a global solution that covers over 2.5 million fixed income securities, derivatives and loans, priced daily. Prices are delivered throughout the day or at market closing times around the world depending on the asset class, with supporting commentary to provide insight on the day's events. For more information on Thomson Reuters Pricing Service, click here.

Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to thomsonreuters.com.

CONTACT

Lauren Herman

Public Relations
Thomson Reuters
+1 646-223-5985

lauren.herman@thomsonreuters.com

Lemuel Brewster
PR Director, Investors
Thomson Reuters
+1 646-223-5147
Lemuel.brewster@thomsonreuters.com


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Thomson Reuters Corporation via Thomson Reuters ONE

HUG#1737658

Copyright (c) 2013 TheNewswire - All rights reserved.

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections