Developed based on client feedback, BondScope is a customizable, robust electronic surveillance tool for pre- and post-trade transaction review and oversight. The addition of BondScope adds to Knight BondPoint's already extensive suite of electronic fixed income trading solutions.

"Over the last few years there has been a real push throughout the fixed-income industry to improve market transparency and execution quality," said William Vulpis, Managing Director at Knight BondPoint. "We developed BondScope to assist our clients with their best execution obligations to their end customers through price transparency, trade audits and market analytics."

Both BondScope's pre-trade and post-trade applications allow trading desk managers and compliance officers to establish a unique set of criteria to monitor orders and flag for review those that deviate from specified rules. All activity and trade audit results are archived and easily accessible for reference and reporting. BondScope also provides a comprehensive centralized view of market data and historical trades, enabling users to compare and review bonds.

"Knight BondPoint has streamlined the often-burdensome task of fixed-income price discovery. With BondScope, identifying where an issue has previously traded or evaluating where similar bonds are priced is quite simple," Mr. Vulpis said. "Our clients have access to data analysis tools and can set their own parameters or isolate bonds based on a specific asset class or other defined criteria."

BondScope is available as a fully integrated component of the Knight BondPoint Trader and Broker Workstations, or as an independent application to support clients' proprietary and third-party trading platforms. BondScope is completely flexible and can be configured to firm-specific compliance rules and trade desk workflows.