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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.

Key Features

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.

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.

Key Benefits

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.


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