The Brief_WIS

ICE TMC: Your New Fixed Income Platform

Written by WIS Operations Team | Dec 6, 2023 4:06:21 PM

We have partnered with ICE TMC, a leading electronic fixed-income trading platform, to give you comprehensive fixed-income market access, analytics, liquidity, trade execution and functionality. Beginning January 1, you can access ICE TMC through Unio to quickly and easily:

  • Review thousands of live bids and offerings for
    • Corporate Bonds
    • Municipal Bonds
    • Treasury Securities
    • Agency Bonds
    • Mortgage-Backed Securities
    • Certificates of Deposit
  • Submit orders for execution
  • Run customizable client-friendly fixed-income offering reports
  • Create saved searches
  • Construct sample bond ladders
  • Run fixed income comparison reports
  • Submit bid wanted requests
  • Perform price discovery
  • View news and commentary
  • View live yield curve data
  • Obtain detailed bond descriptions
  • Run analysis on individual bonds

BondTraderPro and NetX360
ICE TMC replaces BondTraderPro via Wealthscape at Fidelity and the Fixed Income Center/BondCentral via NetX360 at Pershing. Effective January 1, these legacy platforms will no longer be available for use. ICE TMC is a great way for financial professionals to manage their fixed-income trading needs independently. However, the fixed-income desk and traders will always be available to support you with your inquiries, questions or trades.

New Concession Schedule
Along with the new platform, we’re also introducing a new concession schedule. This will define allowable maximum ranges for markups and markdowns on all fixed-income securities. The ranges are determined by the maturity of the security and whether they are being bought or sold. The new schedule is as follows:

For Purchase Transactions: 

For Liquidating Transactions:

Learn the ICE TMC Platform

Please join us for an upcoming training about the new platform. If you are unable to attend one of these webinars, a recording will be made available to view on-demand in Unio.

  • Thursday, November 30, at 4 p.m. ET

  • Thursday, December 14, at 4 p.m. ET

  • Thursday, December 28, at 4 p.m. ET

 

For more information, please contact the Fixed Income Trading Desk at (888) 793-7717, option 1, then option 2, or Trading@WISDirect.com.