TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has launched a comprehensive interest rate derivatives data package focused on the Australasian financial markets.
The offering enables customers with a presence or exposure to the Australian and New Zealand financial markets to benefit from product specialisation and access to high-quality and independent data. This enables them to better manage and price risk, support reporting and regulatory compliance and execute multi-asset products globally.
The Australian and New Zealand financial markets are well-developed across major asset classes such as debt, equities, foreign exchange and derivatives. Even though the relative size of the combined markets is smaller than other globally developed markets, their importance sees them being included in many global indices.
The data is sourced from the broking desks of Tradition, which has been operating in Australia since 1997 and New Zealand since 2003. Tradition recently strengthened its presence in the region with the establishment of Tradition Kiwi Brokers Ltd in Wellington, NZ, following the acquisition of OM Wholesale LTD.
Tradition Kiwi Brokers Ltd is the largest broker in New Zealand and a specialist in NZD-denominated foreign exchange, interest rate derivative and fixed income products, with a significant market share of the onshore broking business.
The data is available directly from TraditionDATA and through vendors including Bloomberg (under TRFR<GO>) and Refinitiv (under <TRADRFR>).
James Watson, Global Head of Data Sales at TraditionDATA, said: “Over the past 24 years, we have seen first-hand how important the Australian and New Zealand financial markets are to the Asia Pacific region and globally. Our new interest rate data package reflects this; the depth of pricing, liquidity and analytics is second to none, and is underpinned by independent and neutral data from one of the largest interdealer brokers in the region.”
