Reuters, the global information company, is to offer live credit derivatives prices to its customers in an attempt to boost its credit markets presence.

Reuters has signed an exclusive data distribution agreement with leading credit derivatives brokerage, GFI, reputed to be in the region of a record £2m (€3m). Under the terms of the agreement Reuters will have the exclusive rights to distribute GFI's live credit derivatives prices for three years. Until now Reuters has only carried end-of-day prices from brokers Creditex and CreditTrade, which it will continue to publish.