Refinitiv Aids Fixed Income Traders on Eikon
New York/London – Fixed income traders using Refinitiv’s flagship financial desktop product Eikon now have greater choice and efficiency, and enhanced liquidity access with the integration of iQbonds from valantic Trading Solutions AG (valantic). iQbonds can be seamlessly integrated into a trader’s workflow using the Refinitiv Side by Side Integration API, enabling traders to make fast, efficient, and informed decisions. When Eikon Apps from iQBonds is opened, iQbonds displays list of bonds to trade, and a user can click on one bond to get the Bond Description from Eikon (Eikon Bond view). Refinitiv is formerly the Financial and Risk business of Thomson Reuters.
iQbonds combine market making and pricing capabilities for fixed income products with connections to electronic markets, exchanges, and information platforms. Its functionalities can be enhanced through Eikon’s comprehensive suite of news, charting, and other analysis tools. The system continuously calculates bond prices and yields, giving traders the ability to quote bonds across electronic markets while simultaneously placing and trading orders.
Through Eikon, traders have access to data from more than 400 exchanges and OTC-traded markets and over 70 direct exchange feeds, delivered via Thomson Reuters Elektron low latency data feeds. Eikon offers a portfolio-centered pricing system which delivers Advanced Analytics, Multi-Asset CVA, MtM, P&L, and Risk Reporting.
“Financial markets benefit from choice and openness,” said Alexandre Hardouin, Head of Fixed Income Desktop, Trading, Refinitiv. “The partnership with valantic is an important achievement for us because the delivered solutions create added value for the trader. Eikon and iQbonds together offer an integrated pre-trade, trade and post-trade workflow for fixed income traders.”
Side by Side Integration API provides users the ability to connect any financial application on their desktop to Eikon, seamlessly integrating Eikon applications into their existing workflow. The API is catered to the evolving needs of financial professionals as they use an ever-expanding number of applications from different providers to reflect individual tasks and market segments. Side by Side Integration allows for external applications to hook into the communications network that Eikon apps use to exchange information. Examples include Instrument Identifiers (ISIN, CUISP codes), bond lists and portfolio, or Trade Orders (click to trade) that can be passed between applications.
Eikon is a powerful and intuitive next-generation open platform solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent
This complements the previous statement on the use of UK data in MiFID II calculations.
Buy-side firms need more granular analysis across the trade life cycle.
European investors aren't seeing the needle move.
Electronic liquidity providers have gained influence in the new trading landscape.
Now it’s about how traders and portfolio managers are refining their usage.