A-Team Insight Blogs

Symphony Adds Fenics OTC Data to Collaboration Platform

Share article

Symphony, the former Bloomberg Messaging Killer that now positions itself as a team collaboration platform, has added interest-rate swaps pricing from Fenics Market Data to its data and applications container for capital markets users. The Fenics Data – swaps pricing from BGC Partners, an affiliate of bond IDB Cantor Fitzgerald – expands the market information data available via Symphony as it widens its remit toward a full-service trader desktop.

Based around its chat platform, Symphony provides traders and other capital markets users secure, end-to-end encrypted communications, augmented by an array of third-party data

and applications delivered via its desktop container. Current data services providers include broad data vendors including Dow Jones, FactSet Research Systems, Refinitiv Eikon and S&P Global Market Intelligence, as well as specialists like Infront, Market Earlybird, Selerity and SmartKarma.

Starting with interest-rate swaps, the Fenics Market Data application will add pricing on a broad range of financial instruments sourced from a combination of BGC’s OTC trading

venues and the Fenics MD analytics engines, with subsequent datasets added during the second and third quarters.

Fenics Market Data is the umbrella brand for distribution of financial information generated by the BGC group of companies, which includes BGC, GFI, RP Martin, MINT, Freedom,

Amerex, Aurel BGC, Sunrise, BGC Liquidez and Perimeter Markets. Data is sourced directly from the global broking operations of BGC Partners and its subsidiaries, including electronic and voice broking, global pricing systems and analytics, with enhanced coverage through Fenics MD proprietary data packages.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Upcoming Webinar: Moving the trading technology stack to the cloud

Date: 17 September 2019 Time: 10:00am ET / 3:00pm London / 4:00pm CET. Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the...

BLOG

MarketAxess Develops Portfolio Trading Solution to Automate Workload

MarketAxess, operator of an electronic trading platform for fixed income securities and provider of market data and post-trade services for global fixed income markets, is developing a platform designed to reduce the manual workload of portfolio trades and improve competitive pricing. As a result of feedback from clients performing portfolio trades, an uptick in portfolio...

GUIDE

Enterprise Data Management Europe 2010

he US may seem to be ahead of the rest of the world in terms of championing the data management cause with the inclusion of reference data focused items in the Dodd-Frank Act, but Europe is not too far behind. Senior European level officials such as European Central Bank (ECB) president Jean-Claude Trichet have taken...