Interactive Data and FINRA Provide Transparency into Structured Securities Market

October 18, 2011 - Interactive Data Corporation, a leading provider of financial market data, analytics, and related solutions, today announced that Interactive Data and the Financial Industry Regulatory Authority (FINRA) have developed a set of reports designed to provide transparency into market activity related to U.S. structured securities on a daily basis.  The reports consist of the U.S. Structured Trading Activity Report and the U.S. Structured Trading Pricing Tables.

The reports incorporate FINRA’s Trade Reporting and Compliance Engine® (TRACE®) data, offering an aggregate summary of daily transactions in the U.S. structured securities market by asset class.  The U.S. Structured Trading Activity Report will include the volume of transactions, number of trades, and number of unique securities.  The U.S. Structured Trading Pricing Tables offer more detailed asset categories by asset class and include average prices, volume by trade size, and buy or sells. 

These reports are available on FINRA’s website and to Interactive Data’s clients via Vantage^SM, a new web application that will provide clients with extensive data and transparency into the fixed income market and the Company’s evaluations.

“The continued volatility in the global financial markets underscores the need for greater transparency,” said Liz Duggan, managing director, Global Evaluations for Interactive Data.  “The U.S. Structured Trading Activity Report has been designed to help investment professionals obtain access to market data that is critical for decision making.  We will continue to work closely with FINRA to advance transparency initiatives that can benefit the financial services industry, and expect additional offerings later this year.”

“For the first time, securitized products data including a market activity report and pricing tables will be available to the public,” said Steve Joachim, FINRA Executive Vice President.  “The ability to generate this level of transparency in the ABS and MBS markets is critical to investors, particularly during volatile economic conditions.”

For more information on Vantage, please visit www.interactivedata.com/VantageEvaluatedPricing/

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,500 employees in offices worldwide.

Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data, Inc. and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd. 

For more information about Interactive Data please visit: www.interactivedata.com  

About FINRA

FINRA, the Financial Industry Regulatory Authority, is the largest non-governmental regulator for all securities firms doing business in the United States. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services. FINRA touches virtually every aspect of the securities business – from registering and educating all industry participants to examining securities firms, writing and enforcing rules and the federal securities laws, informing and educating the investing public, providing trade reporting and other industry utilities, and administering the largest dispute resolution forum for investors and registered firms. For more information, please visit our website at www.finra.org.

For further information, please contact:

Interactive Data Media

Brian Willinsky (US media)
Tel: +1 339-203-0769
Email: brian.willinsky@interactivedata.com

Louise Butler (European and Asia Pacific media)
Tel: +44 (0)20 7825 8514
Email: louise.butler@interactivedata.com

FINRA Media

Nancy Condon
Tel: 202-728-8379
Email: nancy.condon@finra.org