UPDATE: ICE Bows BestEx Service in Europe

The exchange is expanding the geographical coverage of Interactive Data's BestEx service ahead of Europe's MiFID 2 regulation.


The BestEx service leverages Interactive Data's Continuous Evaluated Pricing for Fixed Income service and a proprietary scoring methodology which allows traders, portfolio managers and compliance officers to see how their bond trades compare to similar transactions across criteria, including industry sector, maturity and issuer.

The launch comes ahead of the looming deadline for firms to meet the requirements of the MiFID 2 regulation, and the BestEx service addresses articles 27 and 28 of MiFI

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