The data will be provided to ioinet via an interface with FTSSM, Interactive Data's online portfolio administration service. ioinet provides a global liquidity platform for the distribution of IOIs and Trade Adverts (TAs) in equities and fixed income. ioinet distributes IOIs and TAs from brokers to buy-side firms worldwide, via an intelligent pre-trade analytics application. ioinet allows brokers to finely target IOIs and makes extensive use of graphics and analysis tools to allow dealers to grasp information quickly and intuitively.
Karl Breeze, director, FIXCITY, said: "Interactive Data provides superior breadth and depth of securities and pricing data, including uncommon stocks from emerging markets and less popular trading venues, further enhancing ioinet's global offering. Provided through a single feed, the data is easily integrated and adds value to ioinet's pre-trade tools providing greater insight into trading activity across markets."
Brendan Beith, European sales director of Interactive Data's Pricing and Reference Data business, added: "We are delighted that FIXCITY has selected Interactive Data to supply international data to ioinet. We place strong emphasis on our flexibility and our ability to customise services for the many applications and software providers with whom we work for the benefit of customers."