Modeling likely best-executable pricing for high-yield bonds that trade once every two weeks requires aggregating vast amounts of data from multiple sources in a credit market fragmented across many trading venues and dark over-the-counter dealing. Source: Euromoney In January, Overbond announced an agreement to take settlement data from Euroclear for bonds that trade away from…
TORONTO, ON and NEW YORK, NY — JANUARY 21, 2021 — Overbond continues to lead the way in the automation of global fixed income trading. The provider of AI quantitative analytics for institutional fixed income capital markets is now the first to integrate Euroclear LiquidityDrive settlement-layer data for fixed income trade automation purposes. “The lack…
Source: Bloomberg Corporate bond market participants should provide more granular data when they report trades to give dealers additional insight into their clients and investors a better understanding of where liquidity is, according to a report from research firm Greenwich Associates. New standards are necessary as electronification intensifies the need for greater transparency, according to…
Historically a fractured market for data dissemination, OTC bond market participants have been yearning for a consolidation, similar to that of the public equities markets. With the emergence of machine-learning technology, the hopes of a fully transparent market are now on the horizon. Overbond can solve this problem for clients through its unique data aggregation…
NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
