iConnect integrates with iQbonds, an end-to-end e-trading platform, to enable traders to price, quote and trade securities within multiple markets in real-time, from a single screen.
The newly enhanced connectivity extends icubic’s Direct Market Access (DMA) network beyond MTS, Eurex Bonds, BrokerTec, HDAT, EurexRepo, LIFFE and Bloomberg to include MarketAxess, the electronic corporate bond trading platform, and TradeWeb, the online fixed-income trading network.
icubic said it has also extended its connectivity to the Reuters Application Program Interface (API), in line with the market data vendor’s recently announced decision to push into the fixed income market.
Market and exchange connectivity is becoming increasingly commoditized. As such, competitive advantage can now be best gained by leveraging connectivity capability through more sophisticated and integrated pricing, quoting and trading processes, commented Les Gosling, UK managing director and head of international sales, icubic. Market makers and takers can now accrue significant benefit from outsourcing the supply of market connectivity to market specialists such as icubic, enabling them to focus on their core business.
iConnect includes an API that allows users to transfer information in and out of the icubic application suite, and absorbs relevant information from other third-party applications.
