Products / Real-time Pricing & Curves

Nexus

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Summary

One live source for every curve and price.

In volatile markets such as FX, commodities and treasury bonds, high-frequency pricing data is essential. Nexus delivers real-time pricing updates across these asset classes, so front-office teams decide on firmer ground in increasingly automated capital markets.

The Nexus pricing engine inside QUARTIX Markets®: exchange-listed instruments, futures and options, currencies and commodities feed the engine, which distributes through the API, 360T and Bloomberg.

Nexus is the pricing and curves engine of the QUARTIX Markets® platform: it turns observable market data into a complete set of curves and prices, rebuilt in real time as the market moves. One source for pricing, independent valuation, risk and execution - read directly by the platform's other modules and by whatever else the desk runs. Every output carries the record of the inputs behind it, and every close is kept, so today's curve can be read against any date in the past.

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Benefits

Live curves, your mark-up, and the history behind them.

Rebuilt at every market update

Rate curves, FX and commodity forward curves, volatility and correlation surfaces and spot prices are rebuilt from the same inputs, at the same moment, across every market covered - so pricing, valuation, risk and execution work off the market as it stands, not off a snapshot each of them keeps separately.

Your market view and your mark-up

Pre-programmed algorithms propose an optimal curve path, and your desk adjusts it and applies its own mark-up on top. The result streams out live or answers on request through the API, and reaches AutoQuote inside QUARTIX Markets® for pricing and algorithmic execution - so what reaches the client is already your price, with no layer to rebuild in between.

Compare against any past close

Every curve is kept as it closed, so the current surface can be measured against any earlier date: how the term structure moved through a cycle, how a position would have been valued then, how a spread behaved when the market last looked like this. The same engine serves the live quote and the historical study.

A yield curve maps the interest rate the market applies to money at each maturity, from overnight out to the longest liquid contract. It is the reference every discounting, valuation and risk calculation starts from: change the curve, and every present value on the book moves with it.

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