Japanese leading information supplier and GFI Group extend agreement
GFI Market Data, a division of GFI Group Inc. (NYSE: GFIG) and QUICK Corp. announced today that they have taken their relationship a step further and signed an agreement whereby GFI will supply QUICK with credit derivatives market data as of April 23, 2012.
GFI Group, via its GFI Market Data division, has supplied QUICK with FX options market data and has been doing so since October 2005.
Gakuji Takahashi, Executive General Manager of QUICK Corp. said, “QUICK is very pleased to enter into this new agreement which will allow us to supply our customers with GFI credit derivatives market data. GFI Group covers a broad range of credit derivative market data, such as sovereign and single name credit default swaps CDS. We believe that the broad coverage to be brought by this relationship will certainly benefit QUICK users as it provides them with a strong tool to support their daily business as well as to continue to meet their requirements in a changing financial environment “ and added, “We are working positively to meet our clients’ needs and expectations.”
Philip Winstone, Global Head of Market Data at GFI stated: “Market data is only as good as its source, and GFI is a globally recognised information hub for credit derivative products. We are very pleased to be able to offer QUICK Corp’s clients access to GFI’s global credit default swap curves and global index and tranche data” and added, “In recognition of today’s demand to have access to independent, accurate and timely data, across the enterprise, GFI’s Credit Derivative data will be available to QUICK’s desktop and enterprise customers”.
GFI is internationally recognized by the market as the No.1 wholesale broker in credit derivatives. GFI’s award winning credit derivatives brokerage desks and its CreditMatch® electronic trading platform help to provide a unique source of real independent market data on the credit derivative markets.
QUICK Corp. is the principal Japanese financial information vendor and a financial information provider in the Nikkei Group. It supplies information to customers in the securities and financial markets. Their service offer includes Japanese, Asian and Global real-time financial information, as well as news and historical information.