China Broker CCT-BGC Inks Bond Data Deals with Shanghai Wind, Sumscope
BGC's market data division will manage distribution of the joint venture's data via the vendors.
Shanghai Wind and Sumscope are the first vendors to carry the data, which is a new product that was previously only made available to the broker’s trading partners. The broker is now making this data available to the market at large, following the July decision by the People’s Bank of China to open up China’s interbank bond market to overseas central banks, wealth funds and financial institutions, which will also drive demand for access to—and data about—the Chinese interest rate swap and repo
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