Interdealer broker Icap is partnering with Dow Jones Newswire to launch a custom e-mail newsletter, called I-Recap Report, that will provide bond- and money-market professionals with an end-of-day snapshot and outlook on the next day's market open.
The newsletter will feature proprietary data from Icap and news from Dow Jones. The focused coverage will include market wrap-ups, economic indicators, government calendars and other information critical to the fixed-income and currency markets.
Icap will provide prices, charts and other data for several market benchmarks, including Treasurys, Eurodollars and active agency issues. Third-party analysis of the debt markets from Wrightson Associates or Reid Thunberg will also be included occasionally.
The newsletter will be delivered electronically to Icap's brokers and their clients after the close of the New York markets.
John Nixon, global head of Icap information, says: "We anticipate that a combination of pertinent market information from Icap-and relevant news stories from Dow Jones-will provide our clients a concise data and news report in preparation for their trading day."