NEWS
June 18, 2007
BQuotes announces End of Day Mark-to-Market coverage for Cash ABS
BQuotes, the leading provider of OTC mark-to-market and real-time data, announced today the availability of Mark-to-Market prices for Cash ABS securities. Prices for over 400 securities are available every day through BQuotes' BestData™ product.
"We have received a lot of requests for prices in the elusive Cash ABS space. Having data available through our real-time BestQuotes™ platform, we initiated the end of day data aggregation and are now able to provide coverage on several hundrend cash ABSs across the capital structure", said BQuotes CEO, Dr. Yiannis Tsiounis.
The end of day cash ABS service is supported by the BestQuotes™, BQuotes' real-time price discovery software, which has been
capturing ABSs since January of 2006. The ABS prices are available for download in a variety of file formats, and also available via an excel plug-in, BQuotes' graphical interface, and various programmatic APIs.
BQuotes is leading the way in providing mark-to-market data that are sourced directly from the marketplace's price indications, and is already offering data on CDSs, Loan CDSs, CDX, ITraxx, LCDX, LevX, CMBX, ABX and TABX indexes, Index Tranches and Tranchlets including all the off-the runs, Index Options, Corporate bonds, and Convertible bonds.
About BQuotes
BQuotes provides closing, mark-to-market data, "BestData™", for the OTC markets in a variety of Over The Counter asset classes, including CDSs, corporate Bonds, convertible bonds, Loan CDSs, Tranches, Options and ABSs. BQuotes extracts the data from OTC market levels with its real-time price discovery software "BestQuotes™".
BestData™, delivered at 6:30pm EST, solves the problems of having to wait until the next business day for mark-to-market data and of lack of coverage for certain very important markets, including CDS, CDS Tranches, Loan CDS, CDS Options and convertible bonds. BestData™ can be delivered in a variety of interfaces, from Excel to ftp to a customized GUI, thereby negating the need for any integration and freeing BQuotes clients to focus on their core skills.
BestQuotes™ is an invaluable tool for navigating the OTC markets, monitoring risk in real time using true market prices, and increasing trading effectiveness.
Founded in 2004, BQuotes is serving thousands of market participants across leading Investment Banks, Money Management, and Hedge Fund firms such as Highbridge, Angelo Gordon and Royal Bank of Scotland.
BQuotes can be contacted at:
US: +1 212 931 5324, +1 212 931 5343, +1 212 931 5266
UK: +44 (0) 207 096 1128
Asia-Pac: +61 7 3394 8431
