Data vendor Interactive Data says it will supply international pricing and reference data to electronic trading software vendor FIXCITY. The agreement will broaden the global coverage of FIXCITY's web-based Indications of Interest (IOI) distribution product, ioinet.
The data will be provided to ioinet via an interface with FTSSM, Interactive Data's online portfolio administration service. ioinet distributes IOIs and Trade Adverts (TAs) in equities and fixed income to buy-side firms worldwide, via a pre-trade analytics application.
"Interactive Data provides superior breadth and depth of securities and pricing data, including uncommon stocks from emerging markets and less popular trading venues, further enhancing ioinet's global offering," says Karl Breeze, director, FIXCITY. "Provided through a single feed, the data is easily integrated and adds value to ioinet's pre-trade tools providing greater insight into trading activity across markets."
Brendan Beith, European sales director of Interactive Data's Pricing and Reference Data business, says he is pleased FIXCITY has chosen Interactive Data. "We place strong emphasis on our flexibility and our ability to customise services for the many applications and software providers with whom we work for the benefit of customers."