New York, London, 3rd March 2020: BondCliQ, the first consolidated quote system for the US corporate bond market, today announced a partnership 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 centralized 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, analyzing 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.
BondCliQ is a market data solution for the US corporate bond market. Our corporate bond market system uses a unique set of protocols to centralize and organize institutional pre-trade quotes to empower market makers to become more active liquidity providers for buy-side clients. The BondCliQ team is uniquely qualified to bring an innovative solution to the US corporate bond market because of their invaluable experience in fixed income technology and market development, including senior roles at Goldman Sachs, Blackrock, NYSE, and MarketAxess. To learn more, please visit www.bondcliq.com.
About Exchange Data International
Exchange Data International (EDI) helps the global financial and investment community make informed decisions through the provision of fast, accurate timely and affordable data reference services. EDI’s extensive content database includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the internet. Headquartered in the United Kingdom, EDI has staff in Canada, India, Morocco, South Africa and the United States.