Deutsche Börse launches Bond Liquidity Data
Deutsche Börse today announced the launch of its Bond Liquidity Data service. Through this service, Deutsche Börse and its post-trade service provider Clearstream will offer transparency and insights into the highly fragmented fixed-income marketplace.
Leveraging aggregated data of settlement instructions for international securities from Clearstream’s ICSD, Bond Liquidity Data enables investors to fairly evaluate fixed-income assets and portfolios, measure liquidity and systemic risk of bond issuers and estimate execution prices for secondary trades.
Alireza Dorfard, Head of Market Data + Services at Deutsche Börse, comments:
“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.”
Guido Wille, Head of Eurobonds Business at Clearstream, adds:
“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.”
Deutsche Börse Market Data + Services provides financial market participants around the world with proprietary market data from Deutsche Börse Group’s Xetra and Eurex trading platforms, as well as with data from its cooperation partners. The clients include analysts, algo traders, banks, hedge funds, asset managers, mid- and back-office professionals and vendors who rely on high-quality, reliable information to make investment and trading decisions, manage risk, safeguard assets and meet increasing regulatory requirements.