EBS BrokerTec launches governement bonds data product

Source: EBS BrokerTec

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has launched the BrokerTec European Government Bonds premium pricing data product, distributed by ICAP Information Services, the information division of ICAP.

The product comprises European Government Bond (EGB) market data from BrokerTec Market, EBS BrokerTec’s electronic central limit order book for the fixed income markets, and is available in real-time, end-of-day and historical formats.

Providing real-time and historical EGB prices on over 1,000 bonds in 10 countries, BrokerTec European Government Bonds data aids price discovery and helps customers conduct effective historical analysis of the EGB market. Using prices streamed directly from the BrokerTec Market platform, customers can access the data throughout the European trading day on Bloomberg, or in an end-of-day or historical data format, downloaded via a secure FTP site.

John Edwards, Managing Director of BrokerTec, Europe, said: “The launch of BrokerTec EGB data is an important expansion in our fixed income data offering and provides customers with valuable insight to gain a comprehensive view of the market. The EGB market has experienced significant volatility this year, which has resulted in some contraction of secondary market activity. With this in mind, BrokerTec EGB data gives customers access to important market intelligence that will allow them to forecast volatility and hedge against risk where possible.”

Kevin Taylor, Managing Director of ICAP Information Services, said: “The launch of our BrokerTec European Government Bonds product is a significant addition to our growing suite of market data from the electronic platforms. The release of the EGB data directly complements our widely successful BrokerTec US Treasury (UST) product and broadens coverage of the global fixed income market. This product features real-time, electronic platform prices creating the transparency that is essential for market participants.”

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