Interactive Data Corporation says its has enhanced its low latency, digital PlusFeed service with the addition of new OTC content and a fresh representation of existing data sourced from Tullett Prebon Information, a source of real-time price information from the wholesale inter-dealer brokered financial and commodity markets.
Interactive Data says PlusFeed now offers a much broader range of fixed income, capital and money markets content from Tullett Prebon Information. The new data includes ATM interest rate options and swaptions; benchmark and off-the-run government bonds; credit default swaps (CDS); FX options; inflation derivatives; interest rate swaps (IRS); mortgage data; out-of-the-money swaptions and IR option surfaces; spot FX, forward FX, NDFs and cash deposits.
"We have enhanced and revamped the content based on our customers' requests and believe that the end result offers a compelling service for financial institutions that require a low latency, consolidated feed with wide-ranging coverage and clear data representation such as that sourced from Tullett Prebon Information," says David Hann, general manager, EMEA, Interactive Data Real-Time Services. "This data is increasingly being used in areas such as pre-trade analytics, risk management, mark-to-market and algorithmic trading."
Frank Desmond, head of Europe and Asia at Tullett Prebon Information, says the firm has worked with Interactive Data for many years. "We are pleased with the new representation of our data via PlusFeed," he adds. "Our comprehensive coverage of the global OTC markets draws on the presence of our brokerage division, Tullett Prebon, in 23 countries in both the developed and emerging markets, as well as on our own dedicated global pricing team."