- In a relatively illiquid market, with most securities traded OTC, it can sometimes be difficult to identify the real price of convertibles or derivatives
- This can be particularly important for issuers with mark-to-market obligations in their accounts, or those looking to unwind a derivative transaction
- ConvEx reviews the prices from a variety of market participants, providing clients with a valuation in which it can be confident, including of the bifurcated derivative components for accounting purposes (whether under IFRS, US GAAP or other accounting frameworks)
- ConvEx is also able to assist issuers with the valuation of private derivatives issued in the context of e.g. M&A or restructuring situations, where no market price is available
ConvEx is an independent financial institution, providing calculation agency services and acting as
an independent capital markets expert — equity-linked, capital securities, bonds and derivatives