Iress has partnered with Ediphy to enhance its offering to include fixed income for its trading customers.
Jason Hoang
The move will allow its clients access to a low-cost mechanism to trade fixed income, as well as access to comprehensive liquidity from fixed income providers and venues across the US, Europe and APAC.
Speaking to The TRADE, Jason Hoang, chief executive of Iress global trading and market data, explained: “We’re seeing increasing demand from our customers for a single entry-point to fixed income markets.
“This collaboration ensures our clients can easily access the liquidity and services they need.”
Hoang also flagged that fixed income demand is firmly on the up, with 20% of customer order flows being aligned to fixed income as an asset class in some cases.
As a specialist in fixed income execution and workflow automation and large-scale analytics solutions, Ediphy has aggregated liquidity in excess of 250,000 international securities identification numbers (ISINs).
Specifically, Ediphy offers automated execution in: government, sovereign, supranational, and agency bonds, credit bonds and cleared interest rate swaps.
“Investment managers are finding fixed income electronic trading more complex and costly than ever. Ediphy’s partnership enables Iress clients to obtain an advanced global fixed income trading capability, with minimal cost and effort, Christopher Murphy, chief executive of Ediphy tells The TRADE.