WHEATON, Ill. and ATLANTA, Nov. 01, 2022 (GLOBE NEWSWIRE) — BondWave LLC, a leading financial technology company focused on fixed income solutions, today announced that it has successfully integrated its Effi® Markets with ICE Bonds trading platforms.
Effi Markets provides access to indicative liquidity by allowing users to view, filter and select current deals and offers, add them to a proposal and communicate relevant trade ideas. The integration will allow BondWave users to filter market data and organize orders for submission to an ICE Bonds platform from the Effi Markets page.
“BondWave and ICE Bonds have had a great partnership for many years,” said Michael Ruvo, CEO of BondWave. “This additional level of integration will allow Effi users to more efficiently access the various liquidity pools and execution protocols of ICE Bonds while increasing transparency, improving workflows and providing our users better access to cash.”
BondWave currently uses bids and offers from the ICE BondPoint and ICE TMC trading platforms operated by ICE Bonds. ICE Bonds offers a suite of trading protocols, including click-to-trade, portfolio trading and quote request, for fixed income markets. Clients can use ICE bond trading protocols to access deep liquidity in municipal, corporate, treasury, agency, and certificate of deposit bonds.
“As the fixed income market continues to evolve towards electronic trading, our clients need more sophisticated tools that bring together data, analysis and execution to help execute trading strategies,” said Peter Borstelmann, Chairman of ICE Bonds. “As we continue to expand access to our markets, we are excited to work with platforms like BondWave’s Effi, which can bring new analytics and a broader set of market participants to our deep liquidity pools. “
For more information on BondWave, please visit: https://bondwave.com/
About BondWave LLC
Founded in 2001, BondWave, a subsidiary of First Trust Portfolios LP, is a financial technology company specializing in fixed income solutions. We serve a wide range of users, including traders, compliance professionals and RIAs, from the smallest to the largest companies in the industry, who use our tools to deliver a superior bond experience to their clients while supporting critical regulatory mandates.
Effi®, our fixed income engine, is the single platform through which we deliver all of our solutions, providing intuitive dashboards and insights into every fixed income position and transaction. Capabilities include portfolio analysis and reporting, custom alerts and proposal generation, as well as tools that support best execution, fair pricing, and margin monitoring and disclosure on a pre-arranged basis. – and post-trade. BondWave leverages advanced technologies and data science to develop proprietary datasets that power our innovative solutions.
About intercontinental exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that provide our clients with access to critical workflow tools that increase transparency and operational efficiency. We operate Exchangesincluding the New York Stock Exchangeand clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income securities data services and execution capabilities provide insights, analytics and platforms that help our clients take advantage of opportunities and operate more effectively. To ICE Mortgage Technology, we are transforming and digitizing the residential mortgage process in the United States, from consumer engagement to loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding trademarks and additional intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates can be found here. FactSet® is a trademark of FactSet Research Systems, Inc. Other product, service, or company names mentioned herein are the property of, and may be the service mark or trademark of their respective owners. Key information documents for certain products covered by the EU Regulation on packaged retail and insurance-based investment products can be found on the website of the relevant stock exchange under the heading “Documents of Key Information”. key information (KIDS)”.
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 materially from those contained in the forward-looking statements, see ICE’s filings with the Securities and Exchange Commission (SEC), including, but not limited thereto, the risk factors in ICE’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as filed with the SEC on February 3, 2022.
Bond valuations, CEPMT, end-of-day valuations, valued curves, model-based curves, market sentiment scores, and securities-related fair value information services are provided in the United States through ICE Data Pricing & Reference Data, LLC and internationally through ICE Data Services entities in Europe and Asia-Pacific. ICE Data Pricing & Reference Data, LLC is a registered investment adviser with the United States Securities and Exchange Commission.
About ICE Bonds
Trading and execution services are offered by ICE Bonds Securities Corporation or ICE Bonds member FINRA, MSRB and SIPC. The information contained herein has been prepared for informational purposes only and should not be construed as investment advice, nor does it constitute an offer to sell or a solicitation of an offer to buy any financial product(s). (s), are intended for institutional investors only and are not intended for the use of retail clients.
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