Pyth Network Adds Three Data Providers for Institutional Fixed-Income Pricing

Pyth Network has announced the addition of Fenics Market Data, OpenYield, and Tradeweb Markets as data providers, integrating institutional-grade fixed-income pricing data into Pyth Pro and the Pyth data market. According to Foresight News, Fenics Market Data, the inter-dealer broker data division of BGC Group with daily over-the-counter trading volume exceeding $1 trillion, will provide inter-dealer OTC pricing data. OpenYield, an SEC-registered automated bond trading platform, will offer real-time executable quotes for U.S. Treasuries, corporate bonds, and municipal bonds. Tradeweb will distribute fixed-income pricing from its electronic trading platform and the Tradeweb FTSE benchmark closing prices covering U.K. gilts, U.S. Treasuries, and European government bonds via Pyth. These benchmark prices serve as the official closing prices for the FTSE World Government Bond Index.