05:47 PM
Market Data Newsflashes
Xcitek partners with Financial Information Network.
Xcitek, a New York City-based corporate-actions data provider, has partnered with Financial Information Network. Based on a marketing agreement, FIN's clients will have access to Xcitek's corporate-actions data and cost-basis information. FIN is a Los Angeles-based provider of global investment accounting and trading solutions. It's Global Portfolio System is used by money mangers and separately managed account sponsors.
Xcitek's corporate-actions data includes bulk and online data for North American fixed-income and equity securities.
Moneyline Telerate and Kalahari release Zero Coupon Yield Curve data service.
Moneyline Telerate, a New York City-based market-data provider, has aligned with U.K.-based Kalahari to release the Zero Coupon Yield Curve data service. The service, an enhancement of Moneyline Telerate's G20 multi-contributor composite series, represents an aggregation of the most liquid sources of global prices. It supports trading decisions for all asset classes, focusing specifically on fixed income and derivatives.
The solution creates a curve for users to value the future cash flows of assets on their books or benchmark against current market values.
Kalahari, an analytics and consulting-services provider, will lend its financial-engineering experience to provide breadth and analytics to the product, while Moneyline Telerate aggregates instruments prices and a set of representative quoted benchmark rates. The underlying benchmark interest rates are money-market instruments, interest-rate futures and quoted par swaps.