Read time: 8 min

Fenics Agrees Chinese Data Deal

Fenics
Market Data, the market data division of BGC Partners, and China Credit BGC Money
Broking Company (CCT-BGC) have agreed to a distribution partnership, whereby Fenics
Market Data will exclusively provide CCT-BGC’s Chinese market data products to clients.

Through
this agreement, Fenics Market Data is becoming the sole international
commercial agent for CCT-BGC’s onshore Chinese data, covering the fixed income,
interest rate and FX markets.

CCT-BGC,
established by China Credit Trust Co and BGC, is the first money-broking
company granted a licence by the China Banking Regulatory Commission (CBRC) in
Beijing. It operates as an inter-dealer broking company, offering interest rate
swaps, bonds, and interbank cash deposit products to Chinese and foreign banks
in Beijing. 

“Fenics
Market Data is very pleased to add CCT-BGC data to our already extensive Asian
market coverage. Our agreement with CCT-BGC will be mutually beneficial, as we
expand the reach of CCT-BGC’s data worldwide, while also building out the data
content of BGC’s portfolio,” says Elliott Hann, global head of sales at
Fenics Market Data.

Yong Wang,
head of CCT-BGC data marketing, adds: “We are excited to partner with
Fenics Market Data to offer in-depth coverage of the Chinese markets, thanks to
Fenics Market Data’s global reach and data expertise. As our business grows in
China, we are looking forward to providing our data globally via Fenics Market
Data’s extensive coverage.”

Colin Lambert

Share This

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit

Related Posts in