Moneyline Telerate is to distribute Bear Stearns' daily fixed income pricing data, PricingDirect, as part of its newly-launched Dealer Direct services.
PricingDirect supplies data for more than one million US taxable, fixed income securities each day, including MBS, CMBS, ARMs, CMOs, investment grade corporates, agencies, ABS, SBA Pools, high yield, emerging markets and treasuries.
Daniel Spina, chief executive officer, PricingDirect, comments: "Our analytical and pricing data are often recognised as some of the best in the industry and through this arrangement we will be able to reach an even broader audience."
Moneyline says it can offer this content to a much broader group of funds, investment managers, banks, trust companies and other buy side constituents.
The data feed is part of the vendor's Dealer Direct suite of services which consist of analytics, portfolio and risk management tools, end of day feeds and other primary dealer assets.
Other services include a yield book calculator, CSFB's global fixed income indices and constituents, and Deutsche Bank's trading application, Autobahn.