AxeTrading integrates ICE pricing and analytics tools

Users of the AxeTrading quoting and execution management system (QEMS) can now access ICE’s evaluated pricing, continuous fixed income evaluated pricing, best execution services and liquidity indicators.

AxeTrading has integrated pricing data and analytics tools from the Intercontinental Exchange (ICE) in a bid to help traders make more informed investment decisions.

The tools, including ICE’s evaluated pricing, continuous fixed income evaluated pricing, best execution services and liquidity indicators, will be available via AxeTrading’s quoting and execution management system (QEMS).

AxeTrading’s QEMS offers pricing via a quoting engine, manages request for quotes and executes orders.

The trading software provider said the ongoing electronification of the fixed income markets meant traders needed solutions to help them make better informed investment decisions.

“Our pricing, analytics and market data supports mission-critical trading processes throughout the lifecycle of an investment and helps users make more informed decisions,” said Stephen Baker, global head of sales of fixed income and data services at ICE.

“AxeTrader’s flexible and innovative trading solutions continue to provide users with an optimised and intuitive workflow that allows them to take advantage of high-quality data, trade more efficiently, and help to meet various regulatory compliance requirements.”

This is the second collaboration by AxeTrading with a trading venue in the past year, after it also partnered with the Indonesia Stock Exchange (IDX) to launch an electronic trading platform, the alternative market operator System (SPPA), for the Indonesian bond market.

“Working with ICE we will be able to expand our clients’ access to truly market leading trading workflows and analytics. AxeTrading is part of a new generation of technology providers whose ethos and business is built around openness, flexibility, and interoperability,” said Ralf Henke, chief executive and co-founder of AxeTrading.

“Traders benefit from their choice of connectivity to the broadest ecosystem of best-in-class pricing and analytics data, taking them beyond the legacy technology providers with their limited ‘walled gardens’.”