BondWave Launches Next Generation Fixed Income Price Confidence Tool
11/05/2018
BondWave LLC, a leading financial technology firm focused on fixed income solutions, announced today the launch of its Effi™ Market Calculator, powered by their proprietary prevailing market price (PMP) calculation engine. The Market Calculator leverages BondWave’s proprietary QTrades™ and QCurves™ data and was developed to add an increased level of price confidence before buying, selling or bidding any bond. open website
BondWave Launches Next Generation Fixed Income Price Confidence Tool
11/02/2018
BondWave LLC, a leading financial technology firm focused on fixed income solutions, announced today the launch of its Effi™ Market Calculator, powered by their proprietary prevailing market price (PMP) calculation engine. The Market Calculator leverages BondWave’s proprietary QTrades™ and QCurves™ data and was developed to add an increased level of price confidence before buying, selling or bidding any bond. open website
An Early Look at the Post Mark-Up Disclosure World
11/15/2018 Municipal Disclosure
On May 14, 2018 the Mark-Up Disclosure rule became the law of the land. For the first time brokers became required to put the amount of money they made on fixed income retail trades onto their trade confirmations. According to the FINRA’s 2016 filing for proposing this rule change, “The proposed disclosure is expected to provide retail investors with valuable pricing information, encourage investor participation in the fixed income markets, and foster price competition among dealers, which may lower transaction costs for retail transactions in fixed income securities.” open website
