Interactive Data Introduces New Fixed Income Best Ex Service

Pricing provider to give trade-by-trade measure of execution quality.

Screenshot of the new Best Ex analysis tool.

The service's tools will leverage IDC's continuous fixed-income evaluated prices as the basis for measurement of best execution, and can be used in a variety of ways by traders, portfolio managers and compliance officers to more closely monitor trading activities across a growing number of venues and protocols extending beyond the most liquid instruments in the asset class.

“We have devised a way to provide a trade-by-trade measure of execution quality relative to comparable transactions in the