Fixed Income Seminar 2019 Highlights



The 10th of June, we hosted our first Fixed Income Seminar in New York. Here are the highlights from the day. 
The fixed income presentations overall were a diverse and enlightening overview of different aspects of the credit markets. From reviewing companies’ creditworthiness; to the use of analytics in the bond markets; to how to invest in the fixed income markets; and an overview of the value of indices in the credit markets the presenters provided a detailed summary of how sophisticated investors outline and weigh the investment opportunities in complex credit markets.  
Rieger Report (JR Rieger) – JR gave a very enlightening summary of the current investment opportunities in the bond market. He gave an overview on the current market environment relating to investing in global bonds, mentioning the geopolitical risks and extremely low interest rates and the uncertainty about recession as a driver for this market.  He outlined and recommended that retail investors that do not understand the market should not buy bonds directly and should use ETFs and other managed investment vehicles. Institutional investors that understand the market can decide what investments suit them the best and they can look at ETFs inflows and outflows in fund types like high yield, investment grade, and emerging markets to help in investment decisions. 

Fite Analytics (Geoff Fite) – Geoff gave a compelling argument that without analytics and technology, you cannot and should not participate in the capital markets. The changing environment for technology and the ability to take raw data and analyze it across all market sectors is a driver, and it is critical to have a company that can support all these areas. Regulatory and Compliance changes are coming to the fixed income markets which have been traditionally a laggard for regulation. He predicts that we are in a new phase that the market will demand new products and additional oversight that will increase the demand for analytics. 
Gimme Credit – George DeFendini, Dave Novosel and Evan Mann 
The team from Gimme Credit spoke about their individual roles at Gimme Credit and gave a concise and informative summary of these roles and the inter-working of the company. They describe their daily credit reports and how they analyze a company’s ability to access the credit market. They spoke about both high yield and investment grade bond issuers and how they review and outline for investors the creditworthiness of investing in individual corporate bond issuers. Investing and accessing the value and the ability for an issuer to cover interest and principal payments is not as simple as you think and companies like Gimme Credit add value for potential investors to determine if these companies are worthy of this risk.  
S&P Dow Jones Indices – Chuck Mounts gave an overview of indices and outlined the differences between fixed income and equities in market sizing, flows and performance in indexing and ETFs. He gave an assessment on both equities and fixed income investing in funds over the last couple of years. Risk assets, including corporate bonds, struggled in 4Q18, only to rebound strongly in 1Q19, where volatility was the most pronounced in the lower-quality segments of the market. He noted that even with the volatility in risk assets, corporate credit outperformed equity in both total and risk-adjusted terms over the last year. While allocations to passive vehicles in fixed income still lags the aggregate levels seen in equity markets, the growth rate in fixed income passive vehicles has been surging, with investment in high-quality securities (governments) doing particularly well in light of the uncertainty in the markets.

If you have any questions regarding our services, simply email us at info@exchange-data.com or alternatively call us on +44 207 324 0020.

Exchange Data International (EDI) appoints its new advisory panel



London, 20 June 2019 – EDI in its 25th year has appointed an Advisory Panel to advise it on its next stage in growth. This panel includes three industry experts that will assist EDI in developing its strategies for both acquisition and organic growth. The three members are: Bob Magri, Peter Sluka and Steven Goldstein.

Jonathan Bloch, CEO of Exchange Data International says: "EDI is expanding rapidly the number of its datasets and it is enlisting the help of industry specialists. We would like to welcome our three appointees to our advisory panel and look forward to to working with them in the future"


Bob Magri comments on his appointment: “Having been a customer or partner of EDI for many years, I have been able to learn first-hand of the quality of not only the EDI data, but also its people and support. I am thrilled at the opportunity to help advise EDI as it continues its path of growth and success.”

Mr Sluka added: ”I’m pleased to take part in the Advisory Board where I can leverage my knowledge and experiences for the benefit of the EDI business

Steven Goldstein remarked: "I'm honoured to be a part of Exchange-Data's Advisory Board.  With so many unique data assets, I'm really looking forward to getting started."

Members of the EDI Advisory Panel:

Bob Magri is a dynamic leader with 25 years of experience in senior management at various Financial Technology/Financial Information vendors and major clients, with a proven track record of successfully building new functions and high performing teams. As Managing Director at S&P Global, Bob implemented extensive SOP’s for all areas of responsibility, working smart and leveraging/customizing technologies. Most recently, he was recruited as Chief Content Officer for AlphaSense, Inc, to lead the overall content strategy and content product management function. As a C-level member of the Executive Leadership Team (ELT), Bob is involved in key decisions shaping the company and its future.

Peter Sluka has 30 years of experience in the financial data and informational services industry. As a hands-on leader building and managing teams that specialize in engineering efficient content collection operations, he has been able to produce high quality data for clients throughout his professional career. Peter was recently the Chief Data Officer at S&P Global where he set a data strategy for the enterprise to better leverage its data assets, innovation and grow. As the Senior Vice President of Data at New York Community Bancorp, Peter is responsible for designing a strategy of process efficiency and improvements to data quality through a governance program with new measures, standards, data architecture and capabilities.

Steven Goldstein is a successful entrepreneur and business leader with extensive experience in the financial information, FinTech, and RegTech industries. Steve was the co-founder, Chairman, and Chief Executive Officer of Alacra, a company he started in 1996 to package and distribute licensed business information over the internet. He also served on the Private Sector Preparatory Group for the Global Legal Entity Identification (LEI) initiative. Most recently, he joined Thomson Reuters, now Refinitiv, as Head of Product Management, Enterprise Content and Delivery. In this role, Steve was responsible for business transformation: the planning and execution of Refinitiv’s transition from several point solutions to a cloud-based platform. Throughout his career, Steven has developed and launched a series of award-winning products. He is a subject matter expert in client due diligence and know-your-customer regulation, anti-money laundering and legal entity identification.


For more information, please contact info@exchange-data.com

Media Contact
Dario Caputo
E: d.caputo@exchange-data.com
T: +44 207 324 0020  

About Exchange Data International

Exchange Data International (EDI) helps the global financial and investment community make informed decisions through the provision of fast, accurate timely and affordable data reference services. EDI’s extensive content database includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the Internet. The firm covers all major markets with special emphasis on emerging and frontier markets that are Africa, Asia, Far East, Latin America and the Middle East. Headquartered in the United Kingdom, EDI has staff in Canada, India, Morocco, South Africa and the United States. For more information about EDI visit www.exchange-data.com

Exchange Data International (EDI) Launches Real Time and Historical FX Feed Service




LONDON, UK – 29 May 2019 – Exchange Data International (EDI), a leading provider of global security corporate actions, pricing and reference data services, officially announces the launch of the Real Time and Historical FX Feed service in partnership with TraderMade Systems.
Covering 40+ spot currencies plus gold and silver against major currencies the data feed is sourced from Tier-One banks & Institutions.
Through this collaboration, EDI offers Bid/Ask & Mid prices. Rates are comparable to the EBS reference rate feed for a fraction of the cost of other providers.
Jonathan Bloch, Chief Executive Officer of EDI says: “We are getting increased demand from our clients for real time and delayed data. Through our partnership with TraderMade we will be able to cover real time and delayed FX. This feed is of the same quality as some of the more expensive offerings on the market and gives our clients another and better option.”
The FX feed service is suitable for market participants who are developing their own bespoke trading platform (as used by algorithmic, black box and quantitative FX traders). As a trader, you can use it to analyse current market conditions whilst taking complete control over the process of receiving the data without any intermediary.
We are delighted to be partnering with Exchange Data International, this will further enhance EDI’s product offering within the Forex markets“, noted Chris Randall, CEO of TraderMade.Traders and developers can now analyse live current market conditions by using TraderMade’s institutional-grade, transparent & secure FIX feed connection.
The service is available through FIX API based on FIX Protocol 4.4, this highly-scalable institutional interface provides hundreds of live price updates per second which is not available on other API’s.
For more information, please visit our product page at www.exchange-data.com or contact info@exchange-data.com
Media Contact
Romy Threadgold

About TraderMade
TraderMade is a market leading vendor of FX research, data and charting applications within the banking industry. For more than 35 years TraderMade’s customers can create and execute accurate decisions using innovative software that they have specifically designed and developed for financial market participants.
About Exchange Data International
Exchange Data International (EDI) helps the global financial and investment community make informed decisions through the provision of fast, accurate timely and affordable data reference services. EDI’s extensive content database includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the internet. Headquartered in the United Kingdom, EDI has staff in Canada, India, Morocco, South Africa and the United States.