ACTIV Financial Systems Partners with BondCliQ to Offer Real Time
and Historical Corporate Bond Data Product
Provides much needed transparency and access to US corporate bond
market data.
New York, London -- March 10, 2020 -- InvestorsHub NewsWire
-- BondCliQ, the
first consolidated quote system for the US corporate bond market,
today announced a partnership with ACTIV Financial Systems
Inc. (ACTIV), a
global distributor of financial market data. The new agreement
allows ACTIV to distribute
BondCliQ's rich set of real-time and historical corporate bond
data.
Through this
collaboration, ACTIV is now a reseller of institutional corporate
bond quote (pre-trade) information and enriched transaction data
(TRACE) that is competitive to analogous offerings from established
providers in the industry.
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. We are
excited to partner with ACTIV to deliver this essential information
to the market. ACTIV's global buy and sell side network and
successful market data solution align with our goal to distribute
data through the premier channels customers prefer."
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.
ACTIV offers a full
path of solutions making them the only truly end-to-end,
independent market data utility in the industry. Their offerings
include normalized feeds covering equities, derivatives, forex,
financial newswires, reference, company fundamental and historical
data, all of which are accessible through a modern set of APIs that
can satisfy all use cases from algorithmic trading and risk
management to financial websites. Configurations include
multi-tenant and private deployments, all delivered as a fully
managed service.
"ACTIV
Financial is excited to expand its content value proposition
through this new agreement with BondCliQ. BondCliQ offers unique
data sets that can be leveraged across multiple areas for our
customers" said Mike Misiaszek, Global Head of Sales at ACTIV.
"Choosing to work with BondCliQ to expand our fixed income offering
makes perfect sense. "BondCliQ is among the first to market as an
aggregator of corporate bond pricing that is bringing unprecedented
transparency to this critical market. We are eager to join
them in this journey."
The service is
available through FIX API, or via secure FTP files at
intervals.
About BondCliQ
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 ACTIV
Financial
ACTIV is a global
provider of real-time, multi-asset financial market data and
solutions. ACTIV offers neutral, managed services for buy and
sell-side firms and technology providers seeking a complete market
data solution that encompasses both global content management and
data delivery. With coverage spanning more than 220 equity and
derivatives exchanges around the world, ACTIV is the only truly
end-to-end, independent market data utility in the industry.
Founded in 2002 by market data specialists, the firm is privately
owned and has offices in Chicago, New York, Tokyo, Singapore and
London. More information can be found at http://www.activfinancial.com and https://twitter.com/ActivMarketData.