Exchange Data International Ltd. (EDI) is expanding pricing services to a variety of Canadian fixed-income asset classes, the London, U.K.-based firm announced on Tuesday.
EDI is adding pricing services for five new asset classes: Canadian dollar-denominated government bonds; government agency bonds; municipal bonds; corporate bonds and provincial government bonds.
The firm says that it already prices more than 30,000 Canadian fixed-income securities on a daily basis for Canadian investment firms.
In the months ahead, EDI plans to further expand its daily coverage to include: Canadian floating rate corporate bonds; step up/step down/fixed-floater corporate bonds and mortgage backed securities.
“This breadth of coverage, in addition to its flexibility and client first approach, means that EDI’s Canadian fixed-income evaluated pricing service can support a variety of applications within the industry,” says Jonathan Bloch, CEO, in a statement.