Interactive Data’s Continuous Evaluated Pricing and Liquidity Indicators services now available to FactSet clients
April 19 2016 - 9:00AM
Business Wire
Services support bond liquidity risk
management and price transparency
Interactive Data, a leading provider of fixed-income evaluated
pricing, and subsidiary of Intercontinental Exchange (NYSE:ICE),
announced that its continuous evaluated fixed-income pricing (CEP)
and Liquidity Indicators services are now available to FactSet
clients. FactSet provides integrated financial information and
analytical applications across asset classes to more than 63,000
users around the world.
As the shift to electronic bond trading platforms continues, the
need for independent, high-quality data that allow users to assess
quote quality and enhance price discovery has grown. Interactive
Data now supplies leading bond-trading platforms and applications
with independent reference prices, insights into bond values and
greater pre- and post-trade transparency.
“We are pleased to be able to offer Interactive Data’s CEP and
liquidity measures to our clients. Providing increased pre-trade
transparency into otherwise opaque fixed income markets directly
supports our mission to provide global, complete, one-stop
solutions to our clients,” explained Goran Skoko, Senior Vice
President, Workstation Solutions, FactSet. “Our integrated offering
now enables institutional users to make more informed trading
decisions, evaluate their multi-asset class portfolios in real
time, and provide enhanced service to their clients.”
Interactive Data’s Liquidity Indicators service is designed to
support firms’ liquidity risk management needs during all market
conditions. The indicators include estimates of the projected trade
volume capacity of a fixed income security, which can be used in
conjunction with information on a firm’s position to estimate the
number of days to exit a position under various scenarios.
“We are delighted to be working with FactSet to improve
transparency into bond pricing and liquidity risk management for
their clients,” said Bill Gartland, Senior Director, Interactive
Data. “From pre-trade price discovery to post-trade execution
measurement, our independent evaluated pricing offers clients
enhanced market quality, transparency and operational
efficiency.”
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading
network of global futures, equity and equity options exchanges, as
well as global clearing and data services across financial and
commodity markets. The New York Stock Exchange is the world leader
in capital raising, listings and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange,
Interactive Data and Trayport. Information regarding additional
trademarks and intellectual property rights of Intercontinental
Exchange, Inc. and/or its affiliates is located at
www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2015, as
filed with the SEC on February 4, 2016.
About FactSet
FactSet delivers the world's best insight and information to
investment professionals through superior analytics, service,
content, and technology. More than 63,000 users make smarter
investment decisions with FactSet's desktop analytics, mobile
applications, and comprehensive data feeds. FactSet is also an
honoree of Fortune's 100 Best Companies to Work For and a Best
Workplace Award recipient in the United Kingdom and France. FactSet
is listed on the New York Stock Exchange and NASDAQ (NYSE:FDS |
NASDAQ:FDS).
SOURCE: Intercontinental Exchange
ICE-CORP
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160419005510/en/
Interactive DataAnne O’Brien, +1 212 771
6956Anne.obrien@interactivedata.com
FactSet Research Systems (NYSE:FDS)
Historical Stock Chart
From Mar 2024 to Apr 2024
FactSet Research Systems (NYSE:FDS)
Historical Stock Chart
From Apr 2023 to Apr 2024