Data sharing network Glimpse Markets has today welcomed investment management firm T.Rowe Price as the newest member of its data sharing network.
The move is the next step in Glimpse’s growing list of buy-side participants, with Andra AP-fonden (AP2) having joined earlier this month.
Speaking to The TRADE, Paul O’Brien, founder and chief executive of Glimpse, said: “The addition of T. Rowe Price to the network is another exciting step forward for Glimpse. More and more asset managers globally are taking advantage of our “give to get” model to unlock unique data points and in turn dramatically improve the transparency of the markets in which they operate.”
Glimpse went live last June, and immediately received a high degree of interest from the buy-side thanks to its data-driven data model.
Read more – Data Sharing Network Glimpse Markets’ no fee data sharing platform continues to attract buy-side interest
The network gained significant traction with the buy-side in the lead up to its launch, with firms including NN Investment Partners, Invesco, Columbia Threadneedle, Carmignac and Quoniam signing up initially.
PGGM, Allianz Global Investors, Bluebay Asset Maagement, Cowe, Exoé, Federated Hermes and Natixis TradEx Solutions have also previously shown support.
Last year, Glimpse Markets formed a strategic alliance with Wavelabs to provide Glimpse’s clients with access to a free web-based dashboard, allowing clients to view and analyse the live and historical buy-side trade data previously shared over the Glimpse network.