Data Science & Research

Research Paper

Bond Quotes are More Informative than Trade Prices

Bond Quotes are More Informative than Trade Prices

Commissioned paper by Larry Harris, former SEC Economist, demonstrating BondCliQ quotes can provide increased value vs. the last TRACE trade print, and that value increases the longer period of time between trades and as trade size increases.

Research Paper

Quote Competition in Corporate Bonds

Quote Competition in Corporate Bonds

UCal Berkeley. This paper uses BondCliQ data to show market-wide higher quoting activity is associated with greater trading volume and lower trading costs. Also, quote competition for order flow is associated with improved execution as clients receive better prices when more dealers quote, and when clients trade with better quoting dealers.

Research Paper

Bonds vs. Equities: Information for Investment

Bonds vs. Equities: Information for Investment

UCLA. A paper outlining why credit spreads perform better at predicting economic outcomes and recessions better than equity market measures of risk.

How BondCliQ Data can Inform Equity Strategies

This BondCliQ presentation at the 2021 Neudata Winter Summit discusses how BondCliQ data can be an essential component in improving equity performance in systematic, discretionary, multi asset and macro strategies. Detailed 10 minute video presentation found here.