As fixed income markets seek greater productivity and higher liquidity, ICE is committed to increasing transparency, execution efficiency and access to information.
Fixed income markets have undergone a seismic shift, with market structure, liquidity availability and product offerings all impacted post-credit crisis. Regulation has made it harder to transact, liquidity has been reduced, and dealers have been forced to rethink their business models.
Market players are seeking new liquidity sources and trading solutions. As technology enables a range of automated approaches, participants are pursuing anonymous protocols, new forms of list trading via RFQ and more efficient methods to execute in the ETF primary market. Above all, execution quality is critical in the decision of where to allocate trades.
Based on proportion of total volume allocate to given factors. Including using capital to improve liquidity. Based on responses from 76 investment-grade credit investors in the United States in 2018. Source: Greenwich Associates 2018 North American Fixed Income Study
ICE Bonds offers deep liquidity pools that support multiple trading protocols including click-to-trade, auction and RFQ, with a vast breadth of fixed income data. Focused on execution efficiency, we provide a range of platforms that enable both anonymous and disclosed counterparty interactions, and trading in sizes from odd-lots to blocks.
The availability of precise market data and customized on-demand calculations means traders can make more informed decisions. Participants point to improved price discovery and liquidity information as the top benefits of increased data access.
Based on a survey of bond dealers in 2018. Source: Greenwich Associates
Fast-moving trade decisions require strong reference data and analytics. Our comprehensive fixed income data and analytics can help inform your trading strategy from execution to post-trade analysis.
The bond markets have been bolstered by the growing popularity of fixed income ETFs, helped by advancements in indexing. The buy-side is increasingly hedging with fixed income ETFs, while the create/redeem process facilitates portfolio trading in the bond markets.
Purposes for which U.S. Investment Grade Investors Use ETFs
Source: Greenwich Associates 2017 North American Fixed Income Investors Study
Powered by our fixed income data and analytics, we provide over 5,000 indices, tracking $71+ trillion in debt spanning global bond markets across 42 currencies. Robust customization capabilities and self-indexing raw materials help you create and maintain indices tailored to particular investment strategies, such as ETFs. Learn More
With continued growth in alternative instruments, we enable participants to manage their exposure and access execution efficiencies
Gain exposure to government debt with a broad product range to manage interest rate exposureICE Credit Execution
Execution platform enabling efficiencies for market participants in credit default swaps and fixed income globally
A broad reach of credit default swaps, covering index and single name contracts across global corporate and sovereign entitiesFixed Income Post Trade
Connectivity for electronic trade affirmation, matching, allocation processing and real-time clearing in Credit Default Swap and bond trades
Unique content, delivery and execution services through an ultra-secure, highly resilient network
Connectivity and feeds solutions including secure, resilient connection and low-latency access
Access execution, messaging and analytic tools tailored to your existing workflow
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Securities products and services are offered through Creditex Securities Corporation member FINRA, MSRB, NFA and SIPC or TMC Bonds, L.L.C member FINRA, MSRB and SIPC. The information found herein, has been prepared solely for informational purposes and should not be considered investment advice, is neither an offer to sell nor a solicitation of an offer to buy any financial product(s), is intended for institutional investors only and is not intended for retail customer use.