Bloomberg, MarketAxess and Tradeweb ink bid to become Europe’s bond data provider
The three firms establishing the joint venture are already the major European data vendors for fixed income
Bloomberg, MarketAxess and Tradeweb are working together to boost European bond data
NurPhoto via Getty ImagesThe ‘big three’ data providers for fixed income have formalised a joint venture agreement to become the chief data stream for European bonds.
The data stream, called a consolidated tape, will serve as the single source of data for fixed income. Instead of buying data from numerous sources, the tape will aggregate the information into a single repository.
Bloomberg,...
