BondCliQ, a consolidated quote system for the US corporate bond market, has partnered with Exchange Data International (EDI) to distribute real-time and historical corporate bond data.Through this collaboration, EDI can now distribute institutional corporate bond quote (pre-trade) information and enriched transaction data (TRACE) that is competitive to the established providers.
Chris White, Chief Executive Officer of BondCliQ, says: “There is huge demand for higher quality institutional pricing information in the US corporate bond market. By coordinating directly with 35 dealers, BondCliQ has produced the first centralised data feed. The partnership with EDI makes this valuable data set more accessible to their comprehensive network of clients.”
BondCliQ’s data is suitable for all corporate bond market participants for trading, analytics and valuations. Dealers and buy-side clients can improve their institutional trading capabilities by viewing real-time market movements, analysing liquidity conditions and evaluating historical quote activity.
Jonathan Bloch, Chief Executive Officer of EDI, says: “Fixed income markets are becoming more dependent on data to function optimally. Through our partnership with BondCliQ we will be able to cover real time and historical US corporate bond markets. These data sets are either not available or accessible through more expensive offerings. EDI is happy to give our clients new corporate bond data solutions and better options.”
The service is available through FIX API, or intraday via secure FTP files.
