Clients of PlusFeed will now have access to Traditionâs wide range of currency data and other OTC traded instruments, including: basis swaps, inflation swaps, cross currency swaps and cash deposits for money markets; Certificates of Deposit; FX forwards; FX options; government bonds; interest rate options; interest rate swap spreads; interest rate swaps; non-deliverable forwards; non-deliverable interest rate swaps; overnight index swaps, and repos.
âWith the current volatility in the financial markets, weâve seen strong demand from clients of PlusFeed for access to global real-time OTC data,â said Don Finucane, vice president, Product Management and OTC Data Services, Interactive Data. âWeâre delighted that this new agreement with Tradition â and other broker content that weâre adding â will allow us to further extend our global coverage of the OTC markets as optional value-added services via PlusFeed.â
Simon Crees, director of Market Data at Tradition added: âWhether it is data for a single solution, single user or feeds for an entire organisation, we can offer access to a wide range of prices in a broad number of markets. With our global presence, we can access less transparent markets and offer hard-to-find prices.â
Interactive Dataâs PlusFeed delivers low-latency data on over six million securities from more than 450 sources around the world, including multi-asset class instrument coverage and extensive Level 2 data. The feed is used by financial institutions globally to power algorithmic and electronic trading applications.