ICE

Connect to fixed income markets

U.S. Residential Mortgage Rate Lock Indices

ICE U.S. Residential Rate Lock Indices track the average rate at which new residential home loans are locked each day using data from ICE Mortgage Technology. The indices offer a timely, data-driven indicator of U.S. mortgage rates and can provide forward-looking insight to lenders and investors.

Learn more

As fixed income markets seek greater productivity and higher liquidity, ICE is committed to increasing transparency, execution efficiency and access to information.

The Future of Fixed Income Electronification

A regional series of webcasts

The Landscape

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.

The Rise of Electronic Trading
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.
Data Driven Insights
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.
Bond ETFs Surge
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.

Our solutions

ICE Fixed Income Data & Analytics
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.
ICE

Connect to municipal bond markets

Increasing transparency, execution efficiency and access to information across the municipal bonds marketplace.

Learn more

ICE Fixed Income Execution

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. Unlock the full range of ICE Bonds’ liquidity with consolidated access to a variety of execution protocols plus high-quality content and analytics with FI Select.

Click-to-Trade

Containing live and executable quotes across multiple fixed income asset classes. Supporting both bilateral and anonymous protocols.

Auction Protocols

Execution protocol for corporate and emerging market bonds with a focus on risk-matching (RMA) and portfolio rebalancing (PRB) auctions.

RFQ

Supporting both anonymous and disclosed protocols for both spread and price-based requests. Individual requests and list trading enhanced by deep order-book liquidity.

ICE Fixed Income Indices & ETFs

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. To help meet the demands of ETF markets we’ve standardized the ETF primary market trading workflow with the ICE ETF Hub. The Hub provides standards to simplify the creation & redemption process across equity and fixed income ETFs.

Resources

Important Disclosures

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.