CQG expands Icap fixed income data coverage
CQG, the leading analytics and order routing platform for global electronically traded futures markets, today announced that it is increasing its distribution of data for fixed income products offered by ICAP, the world's premier interdealer broker.
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CQG will now deliver ICAP's prices for mortgage-backed securities (MBS) markets. The addition of ICAP MBS data significantly broadens CQG's coverage of the fixed income markets.
As a result, traders and analysts can track the three forward months of a range of coupons in Government National Mortgage Association (Ginnie Mae), Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac) securities.
Kevin Taylor, Director of Sales and Business Development at ICAP, said, "Traders need timely access to relevant price information, and the ability to analyse that information with ease and sophistication. ICAP MBS data through CQG gives traders the true view of the MBS market - enabling them to improve their strategies and performance."
"Fixed income traders can now apply CQG's superior analytics to ICAP mortgage-backed securities data to improve overall trading performance," said Jim Moock, CQG's Director of Business Development. "Traders can use CQG to develop strategies using ICAP MBS data relative to other ICAP Treasury market data."
CQG already features US Treasury data from ICAP's BrokerTec platform on its system. ICAP's BrokerTec platform is recognized as the source of authoritative global electronic US Treasury trading activity.