S&P Global Market Intelligence and MarketAxess have begun a fixed income data partnership, aiming to improve market transparency and efficiency. Integration between the two is expected to begin in early 2025.
Through the partnership, S&P Global Bond Reference data will be integrated into MarketAxess’s data products, and MarketAxess CP+ real-time pricing included in S&P Global’s evaluated bond pricing.
Laura Misher, vice president at S&P Global Market Intelligence, noted: “Our combined expertise will allow us to develop solutions that will address customer challenges across the trade lifecycle.”
MarketAxess CP+, a real-time bond pricing source for global credit, rates and emerging markets, facilitates price discovery, TCA and automated trading. The addition of S&P Global’s evaluated bond pricing will improve efficiency and consistency in pricing, the firms stated.
Kat Sweeney, global head of data and ETF solutions at MarketAxess, commented: “Incorporating CP+ into S&P Global Evaluated Bond Pricing service will enable our firms to close the gaps between best execution, intraday trading decisions and end-of-day valuation.”
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