About CMA

CMA: the leading source
of OTC market data

About CMA

Bringing clarity to OTC markets

CMA is the world’s leading source of independent data on the OTC markets. Thousands of individuals in financial institutions around the world rely daily on our data and technology to provide them with the clear, reliable pricing and related OTC information they require. Our clients range from some of the largest investment banks and asset managers in the world, to boutique hedge funds and risk management firms.

Credit market data that is truly independent and transparent

We source credit prices directly from the largest and most active credit investors as they evolve. As a result, our data and market metrics are the most credible and reliable available today.

Credit trading desks, front office teams, risk managers and analysts use our real-time price discovery solution to gain a clear structured view of their OTC credit prices, instantly.

Product control and independent price verification teams, risk managers, researchers and corporate treasurers use our intraday and end-of-day CDS pricing information to manage risk with confidence.

A collaborative valuations process for OTC financial instruments

We have applied our detailed market knowledge and technological expertise to deliver a transparent, independent valuation platform for OTC financial instruments. This unique, consensus-based solution increases operational efficiency, while enhancing procedural integrity.

A track-record of delivering client-driven solutions

Together, our directors and staff have an unrivalled understanding of how OTC markets operate, accumulated since 2001 when CMA was founded. Our knowledge continues to grow as, working closely with clients, we continue to find ways of helping them improve operational efficiency.

Our technological expertise enables us to deliver technology-driven solutions that help financial institutions such as hedge funds, asset managers, investment banks, fund administrators and custodians gain maximum value from the data we supply.

CMA was first to:

  • enable traders to view, organize and store in real time the quotes they receive, regardless of format: CMA Quotevision
  • provide a new methodology for independent CDS price verification, enabling organisations to have a clearer view of the market: CMA Datavision.

CMA was founded in 2001 by a group of credit specialists who decided to improve the way that business was conducted in the OTC credit markets. Frustrated by the vast, disorganised flow of information, and by the lack of transparency, they set up CMA to develop and deliver innovative solutions.

In 2008 the company was acquired by CME Group, the world’s largest and most diverse derivatives exchange.

CMA has offices in London (head office) and New York.