September 23, 2020
Refinitiv boosts fixed income analytics trading capabilities with Overbond pricing data
Powered through Refinitiv’s Side-by-Side API for seamless integration, Overbond COBI pricing delivers a comprehensive suite of solutions to drive smarter trading decisions.
New York – Refinitiv has enhanced its fixed income trading capabilities with the addition of Overbond’s COBI, a comprehensive suite of algorithms and analytics tools that systematically price bonds and identifies trade ideas across global fixed income markets.
Overbond COBI Pricing can improve users’ bond trading workflow through precise executable prices in up to 30% more situations when there is no directly observable trading price in the market. Bond trading execution desk revenue can be grown significantly through their access to this insight. Clients will make more informed trading decisions from Overbond’s streaming secondary bond pricing, credit curves, liquidity score and other analytics derived from their machine-learning models.
“Fixed income professionals often have access to only a fraction of data available in the market, empathizing the need for them to have as many data sources as possible to secure accurate pricing for trading decisions,” said Jon Williams, head of Fixed Income, Refinitiv. “The addition of Overbond COBI delivers another robust data source within Refinitiv’s vast portfolio of fixed income analytical tools to drive faster and smarter trading decisions across financial markets.”
“Overbond COBI Pricing can help sell-side traders respond to more request for quotes (RFQs) and buy-side traders effectively measure the pre-trade cost of execution, added Vuk Magdelinic, CEO, Overbond “COBI Pricing with advanced AI historical benchmarking and curve fitting can generate executable pricing even for bonds with a low liquidity profile.”
Eikon Premium and Global Fixed Income provide exclusive benchmark market data, market-moving news, unique analytical tools and click-to-trade functionality to drive informed trading decisions. Combined with Tradeweb® pricing tools, traders using Eikon have one destination for all of their needs. With the combination of Overbond COBI pricing, Refinitv provides clients with an automated bond pricing workflow with AI-modeled bond prices and best executable issuer curve visualization, even for illiquid issuers.
Clients and market participants interested in learning more can contact Refinitiv.
About Refinitiv
Contacts
Brian Bertsch
Director, Communications
Refinitiv
Office +646-223-5185
Mobile +201-679-5883
brian.bertsch@refinitv.com
Michael Schiniou, CIM
Senior Manager, Financial Communications
Overbond
Tel: 1 416 925 2601
michael.schiniou@overbond.com