Nex Data signs distribution partnership with Tradition

Nex Data will source real-time and end-of-day prices from Tradition's global electronic, hybrid and voice-broking operations

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Data service: "Our partnership with Nex Data will be mutually beneficial" - Tradition's Marcus

Nex Group's market intelligence and price information service, Nex Data, has signed a distribution partnership with Tradition and will become a distributor for the interdealer broker's market data and information services division, TraditionData.

Nex Data will source real-time and end-of-day prices from Tradition's global electronic, hybrid and voice-broking operations. The asset classes involved will be interest rate derivatives, money markets, energy and commodities, and fixed-income products.