Features
Independent
Evaluated prices are based on contributed prices from major bulge bracket firms and our proprietary evaluation models with evaluator oversight. We are not a broker dealer or controlled by a syndicate of dealers and we do not manage client money or portfolios.
Transparent
We provide transparency information for our leveraged loan evaluated prices, including the number of contributed prices used as inputs, and clearly distinguish modeled leveraged loan data from composite contributor data.
Methodology
Our approach to creating and delivering evaluated prices for leveraged loans, includes the following steps:
- Receiving updates of broker data throughout the business day
- Quality review of contributed data
- Calculating composite prices from comparable contributed market data and modeled prices
- Quality review of contributor average and model price calculations
- Creating evaluated prices
CUSIP Identifiers
We recognize that Loan CUSIPS identifiers have become a standard identifier for Leveraged Loans. Our Leveraged Loan product offers Loan CUSIP identifiers for both input and output within the service.
Independent
Evaluated prices are based on contributed prices from major bulge bracket firms and our proprietary evaluation models with evaluator oversight. We are not a broker dealer or controlled by a syndicate of dealers and we do not manage client money or portfolios.
Transparent
We provide transparency information for our leveraged loan evaluated prices, including the number of contributed prices used as inputs, and clearly distinguish modeled leveraged loan data from composite contributor data.
Methodology
Our approach to creating and delivering evaluated prices for leveraged loans, includes the following steps:
- Receiving updates of broker data throughout the business day
- Quality review of contributed data
- Calculating composite prices from comparable contributed market data and modeled prices
- Quality review of contributor average and model price calculations
- Creating evaluated prices
CUSIP Identifiers
We recognize that Loan CUSIPS identifiers have become a standard identifier for Leveraged Loans. Our Leveraged Loan product offers Loan CUSIP identifiers for both input and output within the service.
Whole Loan Evaluations
Extends our established evaluated pricing process to individual, unsecuritized loans — delivering transparent, model-driven pricing across QM, Non-QM, and specialty collateral.
Important Disclosures
Fixed income evaluations, continuous evaluated pricing, end-of-day evaluations, evaluated curves, model-based curves, market sentiment scores, Size-Adjusted Pricing, and Fair Value Information Services related to securities are provided in the US through ICE Data Pricing & Reference Data, LLC and internationally through ICE Data Services entities in Europe and Asia Pacific. ICE Data Pricing & Reference Data, LLC is a registered investment adviser with the US Securities and Exchange Commission. Additional information about ICE Data Pricing & Reference Data, LLC is available on the SEC's website at adviserinfo.sec.gov. A copy of ICE Data Pricing & Reference Data, LLC ’s Form ADV is available here or upon request.