AxeTrading to integrate the Overbond COBI pricing analytic platform

Traders using AxeTrading’s services can now tap in to Overbond’s predictive analytics capabilities through the two companies’ new partnership.

The fixed income trading software provider AxeTrading has integrated its solutions with the Overbond COBI pricing analytics.

This gives traders using AxeTrading’s service the chance to leverage the insights gathered from OverBond’s COBI analytics.

Vuk Magdelinic, CEO of Overbond, said, “Overbond COBI Pricing can enhance users’ bond trading workflow by providing precise executable prices in up to 30% more situations when there is no directly observable trading price in the market. Trading desk revenue can be grown significantly through their access to this insight. We are excited to integrate with AxeTrader and look to extend the COBI model to an expanded community of trading clients.”

Mark Watters, CCO and co-founder of AxeTrading, added, “Working with Overbond and other leading data providers, we at AxeTrading embrace the principles of interoperability to give Traders seamless control of their workflow. Some other platforms look to constrain and create a walled garden forcing users to be dependent on a limited range of options. We free them to make best use of their existing systems, diverse trading venues and the latest augmented data.”

AxeTrading was one of the five FinTech companies handpicked by The Investment Association (IA) to join its second cohort of its Velocity accelerator in May 2019.

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