NEW YORK--()--NYSE Euronext's fixed income trading platform in the U.S., NYSE Bonds, today announced the launch of NYSE Bondwatch, a web-based tool that provides investors access to transparent, pre-trade pricing data on individual corporate bonds. Bond investors can now freely access this information and use it to help determine the current market for specific corporate bonds.
“Investors and regulators are increasingly advocating for more public, pre-trade transparency in the marketplace, which NYSE Bondwatch provides”
“Investors and regulators are increasingly advocating for more public, pre-trade transparency in the marketplace, which NYSE Bondwatch provides,” said Kevin Molloy, Managing Director, NYSE Euronext Fixed Income Group. “No other offering today provides bond investors with the same free public information. NYSE Bondwatch can help bond investors make more informed investment decisions. ”
Using this tool, investors can access, bid-offer size and price information, which is updated every 10 seconds, on corporate bond issues that trade on NYSE Bonds. Easy to use, the tool allows individuals to search for specific bonds and create multiple watchlists to track specific issues.
NYSE Bonds operates the largest centralized corporate bond market in the U.S, providing an opportunity for participants to trade bonds in a fair, open environment. On NYSE Bonds, firm and executable orders entered by members or sponsored participants are displayed on the order book, and executed on a strict price/time priority. Participants control their orders on NYSE Bonds, adjusting orders and executing as they see fit. NYSE Bonds is dedicated to creating transparency and increasing liquidity in the U.S. Bond markets.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.