ASX has unveiled a new data service, which is the Austraclear debt market activity, which says it will provide greater transparency in the wholesale debt markets in Australia.
The product for the first time provides detailed visions about the activity of bonds and bonds that were settled through Austraclear, the ASX settlement system, and the central debt market income for wholesale.
Austraclear services are more than 1000 participants and holds more than 3 trillion dollars in securities, and an average $ 80 billion in transactions daily through their actual connection with the total settlement system in the actual reserve bank.
ASX said the launch reflects the increasing demand for high -quality data groups to help market participants to determine trends, evaluate risk and detect opportunities in debt markets.
The new product is said to be dependent on the actual source data from Austraclear, as it offers exporters, investors and brokers a unique vision in the debt market activity in Australia.
The stock market added that the product suite is designed with elasticity in mind, allowing subscribers to adapt their access to private, public or collected data groups depending on their requirements.
“The launch of the Austraclear Debt Market market activity product is an important step forward in supporting our customers with unparalleled visions and data that helps in making informed and data -based investment decisions,” said Jimmy Krank, CEO of the group of technology and data at ASX.
He added that ASX has been focusing on “driving innovative solutions that greatly improves transparency and visions available to our customers” in the movement of debt markets in Australia.