The move is set to create a “premier fixed income marketplace”; fixed income traders to benefit from consolidated liquidity, more competitive pricing, and more.
The 50-50 split venture will allow OKX clients to access ICE futures and NYSE tokenised equities markets and follows ICE’s $25 billion investment into OKX in March 2026.
The buy-side focused platform will initially focus on USD rates and credits, and combines TT’s fixed income, futures and FX onto a single screen through integrating ICE’s market and reference data.
The offering will allow institutional investors to estimate counterparty price commitment prior to indicating intent to trade; T.Rowe Price has signed on as an anchor client, The TRADE understands.
The TRF contracts will serve as an exchange listed alternative to over-the-counter total return swaps, replicating the performance of MSCI’s indices.
Named ICE Voice, the solution will leverage IPC’s global voice platform to provide always-on open voice connections.
Through leveraging the ICE Global Network, Abu Dhabi Securities Exchange (ADX) aims to expand its global investor base by facilitating real-time access to market data and order entry.
Alongside removing significant latency, the trans-Atlantic data service will also optimise costs for investors utilising the offering.
Integration will allow users to receive ETF creations and redemptions in real time, allowing their portfolios to be managed within the OEMS for portfolio and trade management.
New head brings considerable experience in data services to the firm, having previously served at ICE and Bloomberg.