The European Money Markets Institute is an authorized administrator under the Benchmark Regulation of the European Union. They facilitate the smooth functioning of euro money markets and foster their further integration through the development and administration of critical benchmarks, including Euribor.
The European Interbank Offered Rate, Euribor, is a euro money market benchmark, calculated for five maturities: one week, and one, three, six and twelve months. It measures ‘the rate at which wholesale funds in euro could be obtained by credit institutions in current and former European Union and European Free Trade Association countries in the unsecured money market’. Euribor has been declared a critical benchmark by the European Commission in 2016 because of its systemic importance for financial stability.
Additional interbank rates, benchmarks & fixings can be found in the ICE OTC Data Services - Money Markets dataset, as well as standalone sources such as the Bank of England, Chilean Benchmark Facility (CBF), Czech Financial Benchmark Facility (CFBF), Danish Financial Benchmark Facility (DFBF), New Zealand Financial Markets Association (NZFMA), Norske Finansielle Referanser AS (NoRe), Swedish Financial Benchmark Facility (SFBF), Treasury Market Association (TMA), and ICE's SOFR & SONIA Reference Rates.
Specifications
Key Features
For clients looking to access normalized data the ICE Consolidated Feed provides functionality that allows for seamless application programming, using proprietary symbology that is easy to consume, human-readable and based on exchange tickers. Reference data fields are presented in a consistent format with popular fields such as Instrument Types, Marketplace Codes and Instrument Names available in both ICE proprietary and native exchange format. Additional third-party identifiers, such as CUSIP & ISIN are also available (note that some may require separate licensing).
Covering both individual instrument status (normal/halted/suspended) and market phase (auction/continuous/etc.), the ICE Consolidated Feed presents status as a globally consistent set of values, while also maintaining a separate set of fields with the native exchange presentation. Including both native exchange timestamps in their original time zone and granularity, and ICE system timestamps in UTC, gives clients flexibility and choice, that carries through to the tick-by-tick files provided by ICE Consolidated History.
- Model: Provides the current price for the rates as provided by the European Money Markets Institute (EMMI)
- Quality of service: This data set ensures high-quality, live market data with minimal latency and maximum uptime.
- Normalization: Data is provided with ICE proprietary symbology, UTC timestamps, and globally consistent normalized values for critical fields such as instrument status, alongside native exchange values, for seamless application programming
Products
ICE Connect brings together access to cutting-edge trading tools with real-time cross-asset data, global news, and analytics all on one platform. Whatever your role, our platform can be tailored to your workflow for optimal efficiency.
ICE Consolidated History is ICE’s Bulk History Offering: providing incremental updates and direct access to ICE’s archive of up to 15 years of tick-by-tick Level 1,2 and 3 historical tick level Market Data.
ICE Consolidated Feed is ICE’s Resilient, distributed and normalized Market data solution: providing Realtime access to Level 1,2 & 3 Market Data, News and Fundamental datasets through zero-footprint and throughput optimized API and connectivity options.
Buy-side and sell-side front offices continue to embrace more data and more technology in order to expand their opportunities and gain an edge over the competition. Enrich front office systems with ICE’s Data API solution, providing intraday access to fixed income pricing, on-demand analytics, reference data and more.
The evolution of our file-based offering. Bringing together, in a unified solution Corporate Actions, Reference Data, Analytics and our wealth of pricing datasets including ICE Evaluations, CEP, Fair Value Information Services & Listed Market Pricing.