ICE Expands Fixed Income Coverage

Intercontinental Exchange has doubled fixed income coverage for its Best Execution service to cover more than two million fixed income instruments. The new range covers both liquid and less liquid, hard-to-value instruments across sovereigns, investment grade and high yield corporates, emerging markets, money market, US municipals, agency pass-throughs, convertibles, and securitized assets including collateralized mortgage obligations (CMOs), asset backed securities (ABS) and mortgage backed securities (MBS). The new web-based platform offers a graphical interface and allows customers to analyze best execution results for more than 2 million securities including many that are not captured by the Municipal Securities Rulemaking Board (MSRB) and Trade Reporting and Compliance Engine (TRACE) datasets.