Pyth Network (CRYPTO: $PYTH) has added Tradeweb Markets Inc. (NASDAQ: $TW), Fenics Market Data and OpenYield as data providers, bringing institutional fixed-income pricing into Pyth Pro and the Pyth Data Marketplace.
Together, the three providers cover pricing formed across dealer-to-dealer trading, automated bond execution and regulated government-bond benchmarks, giving trading venues, financial applications and risk systems access through a single integration
Fenics, the data distribution arm of BGC Group Inc. (NASDAQ: $BGC), will contribute pricing tied to more than $1 trillion in daily over-the-counter transaction volume across rates, credit, foreign exchange, commodities and energy. More From Cryptoprowl: OpenYield adds firm, executable quotes across U.S. Treasuries, corporate bonds and municipal securities.
The SEC-registered alternative trading system covers the full Treasury curve alongside thousands of corporate bonds and tens of thousands of municipal securities. Tradeweb will distribute pricing from its institutional electronic marketplaces, including licensed Tradeweb FTSE Benchmark Closing Prices for U.K. Gilts, U.S.