BondDesk, which rolled the agency data out to 4,000 pilot clients initially, will make it available to another 20,000 clients this week, while MarketAxess sold its feed of TRACE data to a half-dozen clients even before launch.
MarketAxess head of information services Chris McGuigan says the data provides reliable trade data prior to execution, and market context for post-trade best-execution benchmarking. "A more transparent market is a more liquid market," he says.
Meanwhile, interdealer broker G
Anthony and James take a look at the interdealer broker space and quickly hit on whether or not bitcoin ETFs are to come in the near future.Subscribe to Weekly Wrap emails