Refinitiv enhances fixed income trading capabilities with addition of Overbond’s COBI

Maria Nikolova

Overbond COBI pricing offers a comprehensive suite of solutions to drive smarter trading decisions.

Provider of financial markets data and infrastructure Refinitiv has boosted its fixed income trading capabilities with the addition of Overbond’s COBI, a comprehensive suite of algorithms and analytics tools that systematically price bonds and identifies trade ideas across global fixed income markets.

Overbond COBI Pricing can improve users’ bond trading workflow through precise executable prices in up to 30% more situations when there is no directly observable trading price in the market. Bond trading execution desk revenue can be grown significantly through their access to this insight. Clients will be able to make more informed trading decisions from Overbond’s streaming secondary bond pricing, credit curves, liquidity score and other analytics derived from their machine-learning models.

“Overbond COBI Pricing can help sell-side traders respond to more request for quotes (RFQs) and buy-side traders effectively measure the pre-trade cost of execution, added Vuk Magdelinic, CEO, Overbond “COBI Pricing with advanced AI historical benchmarking and curve fitting can generate executable pricing even for bonds with a low liquidity profile.”

Eikon Premium and Global Fixed Income provide exclusive benchmark market data, market-moving news, unique analytical tools and click-to-trade functionality to drive informed trading decisions. Combined with Tradeweb pricing tools, traders using Eikon have one destination for all of their needs. With the combination of Overbond COBI pricing, Refinitv provides clients with an automated bond pricing workflow with AI-modeled bond prices and best executable issuer curve visualization, even for illiquid issuers.

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