ICAP rolls out BrokerTec European Government Bonds data product

EBS BrokerTec, the electronic Forex and fixed income business of ICAP plc (LON:IAP), has announced the launch of its BrokerTec European Government Bonds premium pricing data product.

The new solution, to be distributed by ICAP Information Services, comprises European Government Bond (EGB) market data from BrokerTec Market and is available in real-time, end-of-day and historical formats.

ebsbrokertec-logoProviding EGB prices on more than 1,000 bonds in 10 countries, BrokerTec European Government Bonds data facilitates price discovery and helps customers conduct effective historical analysis of the EGB market.

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.”

For the official announcement by ICAP, click here.

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