About a-team Marketing Services

A-Team Insight Blogs

FT Interactive Adds Constituent Prices to iBoxx Service

Subscribe to our newsletter

FT Interactive Data is adding iBoxx constituent prices to complement the existing iBoxx indices that it has carried since 2001. The iBoxx indices and constituent pricing data are used by investors as a benchmark for European bonds.

The vendor will now offer both intra-day for fund accounting and end-of-day for mainstream portfolio valuation purposes. The service features iBoxx real-time index levels and bid/ask quotes for more than 1,800 investment-grade euro- and sterling-denominated fixed-income securities, including government bonds, state-guaranteed bonds, collateralised bonds and corporate bonds.

iBoxx was set up in 2001 to calculate and publish an independent family of fixed-income indices by using a selection of multiple-contributor pricing sources. In co-operation with iBoxx, Deutsche Borse has now made available the constituent pricing of the securities that encompass the iBoxx bond indices in a real-time environment.

The iBoxx product family has been developed by seven leading market-makers, together with Deutsche Borse, as a benchmark for the euro and sterling bond markets. The seven – ABN-Amro, Barclays Capital, BNP Paribas, Deutsche Bank, Dresdner Kleinwort Wasserstein, Morgan Stanley and UBS – have a commitment to supply their trading prices to Deutsche Borse once a minute during the trading day. Each price is put through a series of validation checks and the valid quotes are then consolidated into an iBoxx price. FT Interactive Data receives the iBoxx prices in real time and will distribute the prices and index levels on an intra-day and end-of-day basis

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Real world data governance – Practical strategies for data ownership

The theories of data governance and ownership are well rehearsed. Essentially, data governance includes rules and processes that make data accurate, compliant and accessible, ensuring the right users can access trusted data as and when they need it. Data ownership assigns responsibility and accountability for a specific dataset to an individual or team that can...

BLOG

Strategies for Mastering Benchmark Data Management

Benchmark data is fundamental to the functioning of capital markets. Yet, despite its use over many decades, it remains costly to source, complex to manage and difficult to integrate with existing systems, leaving many firms unable to derive full value from the data. It is also perceived by many capital markets participants to be the...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

MiFID II handbook, third edition – How compliant are you?

Six months after Markets in Financial Instruments Directive II (MiFID II) went live, how compliant is your organisation? If you took a tactical approach to cross the compliance line on January 3, 2018, how are you reviewing and renewing systems to take a more strategic approach and what are the business benefits of doing so?...