BondCliQ is the first central market system for US corporate bonds and is designed to improve institutional trading in the $8 trillion credit market.
The concept is certified by history as a key building block to market modernization and provides meaningful benefits to all market participants including sell-side, buy-side, platforms and regulators.
The BondCliQ central market system:
Centralizes and organizes institutional pre-trade quotes
Creates a formalized price formation process
Establishes a competitive environment for institutional market making
Empowers market makers to become more active trading participants
The BondCliQ Team is uniquely qualified to bring an innovative solution to the US corporate bond market because of their invaluable experience in fixed income technology and market development including senior roles at Goldman Sachs, NYSE, MarketAxess, Creditex and TruMid.
Our mission is to improve market structure through the development and implementation of a central market system that will establish price integrity and facilitate market modernization.
BondTIQ stands for Bond Trades and Institutional Quotes and is a browser-based, market data application for viewing post-trade (TRACE) and pre-trade (consolidated quotes) information.
Post-Trade Services
1. BondTIQ – An innovative data visualization application for viewing real-time and historical TRACE data
2. Enriched TRACE Feed – API of real-time and historical TRACE data that includes major spread calculations (T-spread, G-spread, I-spread, Z-spread)
Pre-Trade Services
1. BTIQ – A consolidated quote platform for viewing real-time and historical institutional quote data
2. Enriched Quote Feed – API of real-time and historical pre-trade institutional quotes