Other Solutions

CUPID - (Computer Updated International Database)

The CUPID database currently contains terms and conditions on approximately 150,000 live internationally syndicated issues including: government bonds for the major countries (domestic and international); corporate bonds; MTN issuance; and many small private derivative issues with limited available data. In addition there are approximately 400,000 redeemed issues within the database that may be purchased separately.

The service is updated daily at the close of business and is available for clients to download using standard FTP services. The service is ideally suited to any financial institution wishing to build or supplement an internal bond database and includes inter alia: issuer details; coupon data, basis and history; managers; ratings and codes; various redemption features; conversion data; industry; listings and many other items. Each issue may have up to 400 different associated data elements. The data is in a form that enables a full range of bond calculations to be performed.

The annual subscription to CUPID, available for a minimum of two years, includes support from a team of highly qualified data analysts, ready to respond swiftly to subscribers' queries.

CUPID technology

CUPID is provided to subscribers initially as an electronic data file on CD-ROM. Subsequently, subscribers are provided each working day with a daily update file, which can be accessed by e-mail, internet from a PC or via a leased line to Xtrakter. The daily update file contains details of new issues and changes to issues already on the database, including advance changes as and when they are notified.

In order to ensure that each subscriber has up-to-date and complete data records, upon request Xtrakter will also provide up to four refresher CD-ROMs of the entire data file during the subscription period.

For more information please complete a contact us: Contact Form

ICMA-INFO.ORG

The icma-info.org browser based application provides access to ICMA’s data on more than 15,000 international securities in over 60 currencies, covering straights, floating rate notes, convertibles and medium term notes. The service is updated daily with information such as new issues, reference data, rate fixings, rating changes, pricing history, prospectus and closing prices. It also contains dynamic data such as yields and durations together with a range of time series data with charting capabilities.

If you need fast access to reliable prices and other data on international bonds, then relax and let icma-info.org do the hard work for you!

ICMA-info combines the established reliability of our bond market data with the flexibility and accessibility of the internet. For up to 15,000 international issues, we bring you the daily bid and offer quotes from the world's major market makers in international securities. We'll provide underlying and historical data and terms and conditions on over 18,000 issues to offer an unrivalled depth covering straights, floating rate notes, convertibles and medium term notes.

icma-info.org also includes indispensable static data relating to lead managers, exchange listings and ratings from the major agencies. A comprehensive archive containing some 40,000 international securities prospectuses is also part of the service.

It's your view
icma-info.org comes complete with an easy to use interface to guide you swiftly, straight to the information you need.

You can store your own lists of bonds on icma-info.org so you can come back to them for pricing updates each day. You can select bonds from our database by filtering single items and combinations of data, to generate lists of securities tailored to your individual requirements. Alternatively you can go quickly to the data you need on a single security. We also give you the choice of view from over 40 data items which you can export to a spreadsheet for further analysis. And you can store all of these settings ready for when you next log on.

We'll give you the graphic detail
Far more than a database, icma-info.org features graphs of prices, yields, interest rates, exchange rates and indices dating back as far as 1997.

ICMA PRICE SERVICE - COMPREHENSIVE COVERAGE

Accurate industry benchmark data is vital for market participants who want to keep ahead of the market.

The ICMA Price Service is able to provide an invaluable combination of traded price information and bid and offer quotes, offering the complete picture on up to 12,000 international securities and internationally-traded government bonds. The information may be manipulated within users' own price models, portfolio tracking mechanisms and other data applications, rendering it an invaluable source of data for dealer mark-to-market, research and portfolio valuation purposes.

The trade price file contains a median price together with the high and low for the day and/or the bid/offered quotations with the traded prices provided by the TRAX2 system. The majority of the securities will show both trade and quote data but some may only show a quotation. The current history dates back to the beginning of 1999 but this could be extended by applying existing algorithms to the archived trade data. The current daily file contains over 12,000 fixed income securities including corporate, government, supra-national, floating rate notes (FRNs), convertible bonds and global depository receipts. The service is updated and released every business day after 9PM GMT.

The median price may be used by dealers to revalue their books (‘mark to market’) and by other institutions for portfolio valuation purposes or any other application where accurate pricing is required.

Price information

The data for the ICMA Price Service is derived from two sources:

First, bid and offer quotes are supplied by members of council of reporting dealers (CRD) - firms which make markets in international securities and have a reporting obligation to ICMA. At the end of each working day, their closing bid and offer quotes for more than 9,000 international securities are sent to Xtrakter, where they are validated and processed to provide an average bid and an average offer quote for each security.

Second, the service provides the high, low and average prices of available securities, calculated from trades entered that day through TRAX, Xtrakters trade matching and regulatory reporting system. Currently used by some 200 participants to match trades conducted in the over-the-counter market for international securities, 104 million trade entries are input into TRAX in 2007.

This unique combination of quoted and traded prices generates a realistic snapshot of prices for up to 11,000 international securities. An invaluable source of data, the Xtrakter Price Service includes the following international instruments:

straight bonds
floating rate notes (FRNs)
warrants
convertibles
internationally traded European government bonds
US Treasuries
Japanese government bonds (JGBs)
strips and global depository receipts (GDRs).

For customers requiring only quoted prices, it is possible to subscribe to this service separately.

Volume information

This service gives an average daily volume figure for each security derived from the TRAX2 trade input for the previous month. Over 28,000 securities were included in June 2007. This data gives a good indication of the liquidity of a specific security especially when viewed over a period of time. Dealers will often use volume figures to estimate their own market share.

Delivery

The current daily file is downloadable at the end of the business day and contains over 10,000 priced securities. Although the prices are indicative they are used by dealers to revalue their books (‘mark to market’) and by many other institutions for portfolio valuation purposes where current trade prices especially in illiquid issues are not available.

For further information

If you would like more detailed information about the benefits of the ICMA Price Service please complete a Contact Form