Wheaton, IL (June 20, 2017) – BondWave LLC, a leading financial technology firm focused on fixed income solutions, announced today the launch of BondWave Labs, the research and data analysis arm of BondWave and QCurves™, custom Yield Curves that provide greater clarity to investors on trends and forecasts in the notoriously opaque municipal fixed income marketplace.
Developed by BondWave Labs, QCurves are created by using a consistent quantitative methodology based on publicly available municipal trade data from MSRB. QCurves enables traders and investors to analyze the municipal bond universe for their unique risk preferences.
QCurves data feed subscriptions are available in a range of formats and delivered via email or file transfer protocol. QCurves can be customized to provide daily weighted average yield calculations by effective maturity (ranging from 0 – 30 years), daily fitted curves by effective maturity, daily number of trades by effective maturity, daily number of obligors by effective maturity and daily yield deltas by effective maturity.
“QCurves address the inherent bias and lack of transparency plaguing current yield curves and municipal fixed income indices. In addition, QCurves will help users drive their search for value both at a specific security level, and across the spectrum of these curves. Because of the consistent methodology, these quantitative benchmarks can be leveraged to provide meaningfully analysis of value. They can also be used to understand the trends in municipal yields over time,” said Michael Ruvo, CEO of BondWave.