BondCliQ

BondCliQ is a New York-based Data-as-a-Service (DaaS) company that specializes in providing centralized credit market pricing data for US corporate bonds.

Launched in January 2019, it is recognized as the first consolidated quote platform for the corporate bond market, often referred to as the "NASDAQ for bonds." The company's mission is to enhance price transparency by organizing institutional pre-trade quotes into a single central market system. The primary offering of BondCliQ is its centralized consolidated quote system, which aggregates price contributions from 45 participating dealer firms, generating over 45,000 quotes daily. The platform ensures data quality by calculating a "BondCliQ Mid" price and validating it against TRACE transaction prints. BondCliQ's data is integrated into leading buy-side order management systems, including Charles River, Tora, and ThinkFolio, and is customizable to meet the specific needs of financial institutions. The company primarily serves institutional financial entities, including buy-side institutions, market makers, and financial technology firms, across both investment grade and high yield markets.