BNY Mellon Taps Benchmark for Streaming Fixed Income Data

Bank of New York Mellon on Wall Street

BNY Mellon has signed an enterprise deal to provide its Capital Markets desks with streaming fixed income data from credit pricing provider Benchmark Solutions. BNY’s traders will now have access to data derived from the vendor’s Market Calibrated Framework pricing engine, which analyzes more than 12 million live market inputs to calculate prices, spreads and yields every 10 seconds.

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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