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iQbonds – Intelligent Bond Trading

iQbonds is icubic’s high-performance solution for electronic bond trading. Market making, bond pricing, as well as the connection to electronic markets, exchanges and data platforms (e.g. Reuters, Bloomberg, Eurex and MTS) are integrated into one application.

iQbonds - system architecture

  • Overview
  • Administration
  • Automation
  • Flexible Connection

iQbonds – Intelligent Bond Trading

iQbonds is icubic’s high-performance solution for electronic bond trading. Market making, bond pricing, as well as the connection to electronic markets, exchanges and data platforms (e.g. Reuters, Bloomberg, Eurex and MTS) are integrated into one application.

iQbonds - system architecture

The all-in-one solution

iQbonds performs constant calculations of bond prices and yields while simultaneously providing access to various electronic markets. iQbonds offers a complete solution for pricing, quoting and trading which meets the challenges of electronic bond trading.

iQbonds - system architecture

Essential information from different trading platforms is aggregated into one application over iQbonds’ interfaces, thereby eliminating the need for the trader to spend time dealing with many different electronic trading platforms. The system offers a comprehensive summary and presentation of price quotes from the available markets. The quotes are collected for each bond and then displayed in a central market level where they can be traded, regardless of the market where they were listed, whereby the trader also has the option of viewing additional information (for example, spreads).

The “visual separation” of quotes and instruments on different screens enables the trader to manage quotes individually. According to preference, bond quotes can be viewed on one or more screens (for example, per portfolio) providing a market overview for the management and control of the quotes.

iQbonds also features many tickers which can be used to obtain market information. Users can choose to display certain future prices, interest rate curves, or various spreads of recently executed trades (not only one’s own) for a particular bond on all electronic markets. Traders are thereby provided with an optimum information overview at all times. 

Simple Administration, Monitoring and Control

Thanks to ist open architecture, iQbonds is easily integrated into existing system landscapes. The client-server-system secures a rapid computation and transfer of data. In order to insure the reliability of the system, iControl was developed. Comprised of a service application, an admin tool and a comprehensive rights concept, it secures the maintenance and consistent stability of iQbonds.

Intelligent Automation

In order to provide the trader with more time for developing trading strategies, iQbonds was designed with automation in mind. This helps the trader to monitor changes in the market and to react automatically to predefined changes. Two of the most essential applications are the “Electronic Eye” for monitoring price and volume changes and “Hit Reactions” (for example Auto Hedging) for quick reactions to market events. Naturally, iQbonds also features an interface for automatic settlement. In combination with iSettle – icubic’s solution for efficient settlement – a fully automatic flow of trade data from the market to the financial institutions’ back office is possible.

Flexible Connection

iQbonds is connected via the iConnect interface to the markets and information sources. Currently, connections to BrokerTec, MTS, Eurex, eSpeed and HDAT, among others are available. Reuters and Bloomberg are supported as data providers. Additional connections can be made available at short notice.

icubic official system partner of Börse Stuttgart

The long-standing close cooperation with Börse Stuttgart will be expanded in the future with icubic AG as their official system partner. This enables icubic to provide a technical connection to Börse Stuttgart’s new and innovative interface for the provision of liquidity in the bond market.

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Landesbank Hessen-Thüringen relies on iQbonds

Trusted and reliable partnership: After more than 3 years of strong cooperation, Landesbank Hessen-Thüringen (Helaba) has decided to increase their selection of services from the icubic AG portfolio by adding iQbonds 4.3. 

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DekaBank extends contract with icubic

For over eight years, DekaBank has been using software produced by icubic for the settlement of electronically traded fixed income bonds. The use of a reliable trading system and integrated gateways enables the bank ... 

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Contact Sales

icubic AG
Mittelstraße 10
39114 Magdeburg
Germany

Tel: +49 (0) 391 - 59 80 9 - 22
Fax: +49 (0) 391 - 59 80 9 - 99
E-Mail: sales@icubic.de

or use our  » contact form


Product Suite

In addition, further high-performing software solutions make up icubic’s product portfolio. With iQbonds, iQrepos and iQderivatives, icubic offers secure...
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