FMDQ OTC plc has introduced its ‘FMDQ e-Markets’ – a technology initiative in line with the OTC market’s agenda to be operationally excellent. This initiative called the “FMDQ e-Markets” (eMarkets) designed to suit the needs of different users in varying capacities will be beneficial to market participants; whether trading, investing, raising debt capital or seeking participation in the market as a stakeholder of FMDQ and the financial market.
The FMDQ e-Markets portal consists of the following sub-segments: e-Discovery : The online price discovery portal, providing online activity prices in the fixed income and currency markets; eRegistration: The online tool for membership, issuer, issue and eligible investors registrations; e-Subscription: The online tool for subscription to issues; e-MarketData: A robust information centre with world-class data mining capabilities; e-Broker: The online data reporting tool for Associate Members (Inter-Dealer Brokers & Brokers) “FMDQ is delighted to also launch the first version of the “FMDQ eDiscovery” (e-Discovery), FMDQ’s price discovery portal.
It provides online activity information on the FMDQ fixed income and foreign exchange markets. The deployment of this tool is in line with FMDQ’s commitment to continue to add value to our Members and stakeholders in general through the provision of market activity transparency. Data broadcast on e-Discovery includes trade prices, bid and ask quotes, trade sizes, rates and deal times. This can help clients, investors, regulators and security issuers to make better decisions with the knowledge of on-the-spot market trends. It will help create market transparency and hopefully increased liquidity by attracting more market participation
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