Neptune Networks nominated for The TRADE’s 2023 Editors’ Choice Award for Outstanding Market Data Provider. Neptune Networks, among the contenders, has demonstrated significant growth over the past year, contributing to enhanced liquidity in global markets. The platform delivers high-quality pre-trade data from top fixed income dealers to buy-side firms, covering various asset classes. Notable additions to the Neptune network include Mizuho EMEA, Lloyds Bank, Santander, and Lombard Odier, reflecting a commitment to expanding its client base and providing valuable axe data across different bond categories.
Lloyds Bank has joined Neptune Networks, a fixed income platform, as a bond dealer specializing in GBP and EUR Investment Grade, High Yield corporate credit, and UK Gilts. Neptune, delivering real-time axe data, welcomes Lloyds to its community, aiming to enhance market efficiency and liquidity in the UK. Byron Cooper-Fogarty, COO at Neptune, emphasizes the client-driven addition, meeting the rising demand for high-quality data. Boris Tadic, Head of Credit Sales & Trading at Lloyds Bank, expresses pride in contributing to market efficiency and liquidity enhancement for clients on the platform.
Neptune Networks welcomes Lombard Odier to its expanding buy-side community. Utilizing Neptune axes across various bond categories, Lombard Odier aims to enhance market insight for global clients, demonstrating a commitment to innovation
The utilisation of axes, revealing a trader’s interest in buying or selling a security, is gaining prominence in fixed income markets. As market participants increasingly incorporate axes into various investment strategies, the demand for accurate and detailed axe data continues to rise. Traders, portfolio managers, and liquidity providers find axes invaluable for executing larger orders, minimising market impact, and optimising investment views. Despite the evolving landscape, the reliance on current market makers remains pivotal, with axes playing a crucial role in navigating the challenges of fragmented markets and diminished liquidity.
Mizuho EMEA joins Neptune Networks as an axe dealer, meeting increasing buy-side demands for high-quality data. Specialising in investment grade and high yield corporate credit, Mizuho’s addition aims to enhance market efficiency and liquidity globally. Byron Cooper-Fogarty, COO at Neptune, expresses delight in Mizuho’s client-driven contribution to the buy-side community.