Mostly… fixed income and cross product eTrading

May 22, 2007

Fixed Income IoIs

Filed under: etrading, Nuts and Bolts — holky @ 10:13 am

FIXCITY will pilot ioinet fixed income with a selection of brokers and buy-side firms and plans to officially launch the module as soon as it is fully endorsed.  ioinet provides a centralised repository, accessed via the ioinet web interface or a single FIX connection, for holding IOIs received from the broker community.  These are distributed using IOI targeting tools, providing an efficient way for brokers to notify target buy-side firms about their debt liquidity.

The IOIs include information on the volume available, price and how long the indication is valid for.  The buy-side can then choose to receive messages on the instruments they are most interested in and also those with similar attributes, without having to show their hand and request a quote. Dealers are able to create instrument and portfolio specific watchlists.

Will be a shame if this really is only sellside iois to buyside .. so no sign of executable bid lists

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2 Comments »

  1. Any idea how many dealers they have to start?

    Comment by waratah — May 22, 2007 @ 1:26 pm

  2. […] “Inquiry lists for financial products’” anything like executable bid lists or something like the iois stuff here as previously […]

    Pingback by Executable Bid Lists, eh « Mostly… fixed income and cross product eTrading — March 12, 2009 @ 8:12 pm


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