BondDesk Group launched its new market transparency toolkit, MarketView & Trade Monitor System (TMS). The toolkit helps promote best execution by automatically alerting a firm if its customers’ trades are not in-line with relevant market information, including TRACE and MSRB data.
MarketView TMS responds to the escalating regulatory landscape in fixed-income markets. With the increasing focus on market transparency and best execution, BondDesk worked with its clients to develop MarketView TMS.
“Creating MarketView TMS was an iterative process,” stated Rob Slaymaker, chief executive officer of BondDesk Group. “Price discovery and market transparency have always been challenging in fixed income markets because of the vast number of issues and security types, and the fact that there is no centralized market. By listening to our clients’ most pressing regulatory concerns, we were able to create a product that helps to both protect and empower them in this current environment, ultimately benefiting their customers by helping to get better prices and broader bond selection.”