Tradeweb founder Jim Toffey has rolled out Benchmark Solutions, a provider of streaming, real-time, market-driven prices for fixed income and derivatives markets. The company aims to address fundamental shortcomings in price transparency and independence in the over-the-counter fixed income and derivatives markets. Benchmark’s BMark(SM) Real-Time solution offers real-time pricing data for fixed income and derivatives products, starting with corporate bonds and credit default swaps. The solution is aimed at traders, portfolio and risk managers at hedge funds, asset managers as well as regional dealers.
Click here for the release from PR Newswire.