BGC Partners has announced that Michael Morris has joined Fenics Market Data as head of sales for the Americas.
In his new role, he will be based in New York and will report to Elliott Hann, global head of sales at Fenics Market Data.
Morris joins BGC from Bloomberg, where he had been the global head of data acquisition since 2012, and had led data acquisition sales in various capacities since January 2006.
"We are delighted to welcome Mike to the team. He brings to BGC Partners a wealth of industry knowledge and leadership from his 20 years with Bloomberg," says Elliott Hann.
Chinese financial data provider Wind Information, has extended its joint service with Icap Information Services to provide market data that includes real-time US Treasury pricing and global FX spot rates.
Following the partnership signed in early 2015 between the two parties to provide offshore Chinese renminbi (CNH) and end-of-day US Treasury data in China, the new offering now includes real-time benchmark data for US Treasury yield curves. Together with the data already available, Wind Info's client base can now gain access to timely, accurate data via the Wind terminal to enable more accurate price discovery and pre-trade analysis.
EBS BrokerTec has officially launched EBS Live Ultra, which it says is its fastest FX data product to date. The product, which was first unveiled in February 2016, has two data interval rates; 100 milliseconds, the same as the current EBS Live service but with lower latency, and a 20 milliseconds service, five times faster than the EBS Live data product.
The move represents an attempt by EBS raise transparency levels for all market participants as well as to bolster liquidity provision on the EBS Market platform and support the maintenance of a continuous order book.
Overbond has announced a partnership with Thomson Reuters that will see fixed income market data and analytics integrated within the Overbond platform.
The company says that through Thomson Reuters Labs, the companies will also be exploring opportunities to drive further innovation in the fixed income capital markets through collaborative research and development.
Overbond is a Fintech initiative that has resulted in the first fully-integrated platform to directly connect corporate and government bond market issuers with dealers and fixed-income investors. The platform features end-to-end processing capability and a support framework for primary bond origination, thus “transforming primary bond issuance into a fully-digital, transparent, and secure process from pre-deal research straight through to deal execution” according to the firm.