Request a free trial of Xignite's Bonds API which offers delayed traded prices for U.S. corporate bonds and U.S. agency debt bonds as reported to FINRA TRACE. The Trade Reporting and Compliance Engine (TRACE) is the vehicle that facilitates the mandatory reporting of over the counter secondary market transactions in eligible fixed income securities. All broker/dealers who are FINRA member firms have an obligation to report transactions in corporate bonds to TRACE under an SEC approved set of rules.
We were pleased with the overall ease of integration, as it allowed us to be quick to market and helped us avoid spending too much time on complicated solutions. We felt fortunate, as their system was the first we used and it proved to be good.
Paz Diamant Back-End Products Manager