News

By Sue Gross
 • 
2 weeks ago

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 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.
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By Sue Gross
 • 
3 weeks ago

There is a common narrative thread in the fixed income markets today that essentially says, “the fixed income market today is like the equity market of 20 years ago (or 10, or 30).” The implied conclusion is that in 20 years (or 10, or 30) the fixed income market will look just like the equity market of today.
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By Sue Gross
 • 
4 weeks ago

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 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.
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By Sue Gross
 • 
2 months ago

The electronification of the fixed income industry is well underway and rapidly approaching an inflection point. With recent headlines emphasizing the new wave of mergers and acquisitions across the industry, fixed income participants may soon face an entirely new market structure to navigate.
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By Sue Gross
 • 
3 months ago

BondWave launches its new user interface option for its Prevailing Market Price (PMP) solution. The Trade Oversight module of Effi™ provides firms with an intuitive, visual and flexible data repository that offers access to the PMP data and ability to review and remediate exceptions.
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By Sue Gross
 • 
3 months ago

BondWave launches its new user interface option for its Prevailing Market Price (PMP) solution. The Trade Oversight module of Effi™ provides firms with an intuitive, visual and flexible data repository that offers access to the PMP data and ability to review and remediate exceptions.
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By Sue Gross
 • 
4 months ago

May 14 marked the official implementation date of the MSRB’s and FINRA’s mark-up disclosure rule and the calculation of a PMP utilizing the prescribed ‘waterfall’ approach for fixed income securities. This implementation also marked a critical next step in the transformation and evolution of the fixed income landscape, as participants seek better, more precise data and new tools beyond implementation of the rule.
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By Sue Gross
 • 
5 months ago

Vendors and dealers say they are making continuous adjustments to the systems they put in place to comply with markup disclosure requirements, and are seeing increased interest in the analysis and possible wider use of prevailing market price calculations.
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By Sue Gross
 • 
6 months ago

BondWave has bolstered its overall client base and enhanced its fixed income offerings to include proprietary content, portfolio and transaction analytics, and an industry-leading PMP solution that has surpassed 250,000 PMP proof-of-concept calculations.
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By Sue Gross
 • 
6 months ago

New regulations designed to illuminate the cost of bonds, which went into effect on Monday, are likely to help retail investors but cause more work for brokers. The new information on the customer confirmation is going to require an explanation from the broker, said Michael Ruvo, chief executive of BondWave, a financial technology firm.
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