Pending regulatory clearance, the NASD plans to introduce a new feed of junk bond prices next May. Prices will be generated by the NASD's Fixed-Income Pricing System (FIPS). But the NASD will disseminate only hourly summaries of high, low and cumulative volume for the 30 most-liquid high-yield securities. Data vendors will, however, be able to carry the complete FIPS, including its transaction facility, for redistribution to authorized junk bond market participants. Feed specifications haven

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: