Lombard Odier taps Neptune’s fixed income real-time axe data for trading and advisory

Rick Steves

“Having such a prestigious firm involved with Neptune demonstrates the value we continue to provide to investors and will allow further market insight to Lombard Odier’s traders and advisors.”

Neptune has added Geneva-based Bank Lombard Odier to its expanding buy-side network focused on real-time axe data for fixed income.

Lombard Odier will consume Neptune axes across Rates, Investment Grade, High Yield and Emerging Markets bonds. The data will be utilized by trading and advisory users globally for the benefit of their end investor client base.

Neptune’s service also features additional market insight and identification of investment opportunities delivered directly from 32 of the leading fixed income dealers globally.

“Allows us to deliver better trading outcomes for our clients around the world”

Byron Cooper-Fogarty, Chief Operating Officer at Neptune, said: “We are delighted to have Lombard Odier join the Neptune buy-side community. Having such a prestigious firm involved with Neptune demonstrates the value we continue to provide to investors and will allow further market insight to Lombard Odier’s traders and advisors.”

Stephen Grady, Head of Global Market Services at Lombard Odier, commented: “Lombard Odier has a long-standing commitment to innovation to meet ever-evolving customer needs. Access to real-time axe data from Neptune is one more example and allows us to deliver better trading outcomes for our clients around the world.”

Neptune Networks delivers high-quality bond market data from Sell-Side banks to Buy-Side clients. The technology enables real-time connectivity between banks and investors which leads to meaningful conversations, satisfying the immediate requirements of each party and ultimately, increasing trade volumes.

Neptune launched new web interface and features in 2022

Last year, Neptune partnered with low-code development platform Genesis Global to further its fixed income data distribution goals. The enhanced Neptune service offers its 115 clients and dealers a new web interface and several features including: single name CDS, support for emerging market bonds, and improved market analysis, including axe skews.

According to Neptune, the modular, low-code software design by Genesis makes it much easier and faster for the firm to introduce new capabilities and analytics. Rather than amending traditional code, updating Neptune to provide new data or functionality simply requires adding modules or amending modules already in the system.

The new Neptune platform integrates with leading order management systems (OMS), execution management systems (EMS), and proprietary trading tools with a FIX API. Data can also be transmitted via SFTP and any user can access Neptune’s user-friendly interface.

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