Telekurs Financial has signed an agreement with Bondweb Malaysia, Malaysia's first Bond Pricing Agency, to integrate Bondweb's fair value prices into Telekurs' products.
The Malaysian fair value prices are immediately available in Telekurs' Valordata Feed VDF) and Intraday Pricing Service (IPS).
As the first and only provider of Malaysian bond valuations, Bondweb Malaysia (BWM) has been offering fair values for approximately 2000 fixed income bonds traded in Ringgit since 2005. Close ties with the market regulators and a transparent and consistent valuation methodology make BWM the premier source of bond valuations for the Malaysian market.
As of today, Telekurs Financial will provide BWM's daily fair value prices via Telekurs' products, namely via Telekurs' Valordata Feed VDF and Intraday Pricing Service IPS.
"Access to a transparent fair value pricing service is crucial to participants in the fixed income market on both the buy side and the sell side", said Dominique Tanner Head of Business Development at Telekurs Financial. "BWM complements the data offering of our Fair Value Pricing Service in an ideal way. The agreement with BWM is a further step in the deployment of Telekurs' strategy to provide in-depth coverage of global fixed income markets."
"This arrangement with Telekurs enhances the distribution network of Malaysian evaluated bond prices to a more global scale. As part of our corporate commitment to promote transparency and increase awareness of the Ringgit bond market, we are pleased to be in this partnership", said Meor Amri Meor Ayob, Chief Operating Officer at BWM.