Interactive Data Corporation Expands Global OTC Data in Collaboration with BGC Partners
January 14, 2014 at 08:00 am
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Interactive Data Corporation announced an agreement with BGC Partners, Inc. to provide BGC's globally available Over-the-Counter (OTC) asset class data via its Consolidated Feed and through the 7ticks network. Participants in the OTC markets are faced with increasing regulatory demands that are driving the need for enhanced transparency and market prices. Through this agreement clients will now have access to an expanded universe of related data to help support their front, middle and back office operations.
BGC Partners' OTC pricing and data content primarily consists of "executable" or "tradable prices," sourced directly from its global electronic platform and voice-hybrid broking operations. In particular, BGC Partners' Global FX options, non-deliverable forwards (NDFs), interest rate options (IROs), Euro interest rate swaps (IRS) and emerging markets data will offer Interactive Data's clients enhanced content sets designed to support both their OTC trading and reporting requirements.
BGC Group, Inc. is a global brokerage and financial technology company servicing the financial markets. The Company, through its affiliates, specializes in the brokerage of a range of products, including fixed income, foreign exchange, equities, energy and commodities, shipping, and futures. It also provides a variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a range of financial and non-financial institutions. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, KACE and Lucera, it offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. It serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments and corporations.
BGC PARTNERS 
