Markit RED (RED)

Issued by Markit

Website
http://www.markit.com/en/products/data/reference-data/red/red-cds.page

Type
Issuer

Status
Private

Definition
Markit RED (Reference Entity Database) is the market standard that confirms the legal relationship between reference entities that trade in the credit default swap market and their associated reference obligations, known as “pairs”. Each entity is identified with a six-digit alphanumeric code, and a nine-digit code identifies the pair

Additional Information
Unique six-digit alpha-numeric RED Codes are used to identify reference entities in North America and reference credit agreements in Europe for use in matching on DTCC.

See also
CLIP

Wikipedia Entry
http://en.wikipedia.org/wiki/Markit_Group

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