Deutsche Börse increases transparency in fixed-income market with Bond Liquidity Data

Deutsche Börse today announced launching a Bond Liquidity Data service. Through the new service Deutsche Börse and its post-trade service provider Clearstream will provide transparency and insights into the highly fragmented fixed-income marketplace.

Alireza Dorfard, Head of Market Data + Services at Deutsche Börse, said:

Alireza Dorfard, Deutsche Börse

Alireza Dorfard

European trading in fixed-income instruments is highly fragmented and non-transparent, as most transactions are over the counter and different data is stored with different market participants. Our customers have, therefore, a strong demand for high-quality data on fixed-income instrument prices and volumes. With this new offering, we further support them in making an informed assessment and decision.

Deutsche Börse

Guido Wille, Head of Eurobonds Business at Clearstream, added:

Guido Wille, Clearstream

Guido Wille
Source: LinkedIn

As one of the major international central securities depositories, Clearstream processes close to 800,000 new issuances of international securities annually, including the respective settlement and custody. Being at the beginning and the end of the fixed-income value chain, we are uniquely positioned to provide comprehensive post-trade data, making the international bond market more transparent and thus more efficient.

Bond Liquidity Data uses aggregated data of settlement instructions for international securities from Clearstream’s ICSD. The new services allows investors to fairly evaluate fixed-income assets and portfolios, measure liquidity and systemic risk of bond issuers and estimate execution prices for secondary trades.

Earlier in April, Deutsche Börse reported 24% jump in revenue to €1.06 billion in the first quarter of 2022.

Read Also: