STAMFORD, Conn. Telekurs Financial and Bear Stearns Pricing DirectÂ® Inc. ("PricingDirect") will host a free one-day conference titled "Issues in Securities Valuation" on Wednesday, Feb. 16 at 9:00 a.m. EST.
The event will feature a luncheon address by John Ryding, Chief U.S. Economist at Bear Stearns. Other sessions and topics include:
Global securities pricing issues affecting mutual funds.
Panel discussion on 3:00 p.m. vs. 4:00 p.m. valuations.
Mean pricing; pool specific MBS pricing; Bear Stearns vs. market data vendor pricing; credit default and interest rate swaps pricing.
Evaluation of hard-to-price securities.
Due diligence/SAS 70 audits of pricing services; risk management issues.
This conference is being held at the Bear Stearns worldwide headquarters, second floor auditorium, at 383 Madison Ave. (entrance at 46th Street and Vanderbilt Avenue) in New York.
Telekurs (USA) Inc. recently incorporated PricingDirectâs fixed income securities daily pricing data into its Valordata Feedâ¢, an especially rich source of global securities master data and corporate actions information. These include ARMs, ABS, CMOs, CMBS, Emerging Market securities, High Yield and Investment Grade Corporate securities, SBA Pools, and U.S. Treasury securities.
PricingDirect recently expanded its databases to include valuations for sophisticated and actively traded interest rate swap and credit default swap contracts. The company uses a combination of market-calibrated analytics and information about current market conditionsâavailable only from market participantsâto provide timely and accurate valuations.