The platform aims to connect the various systems markets participants use to trade in the primary market and will be developed together with BlackRock. It will begin operation in 2019.
The platform will connect execution management systems and order management systems, and will offer instant messaging, analytics and data and content. Market participants can place orders for redemption baskets within one venue. It will be connected to BondPoint, TMC Bonds and ICE Credit Trade. ICE Data Services
Bloomberg’s Gerard Francis looks at the challenges that capital markets firms face when trying to incorporate alternative datasets.Subscribe to Weekly Wrap emails