The MSRB operates as the regulator and data provider for the U.S. municipal bond market, offering free access to trade and disclosure data through its EMMA platform. It delivers real-time and historical trade records, yield curves, and official statements for municipal securities.
Established by Congress in 1975, the MSRB’s mission is to promote a fair and transparent municipal market. Its data products are particularly important for firms involved in municipal bond pricing, compliance, and secondary market analysis.
We provide streaming fixed income data via the ICE Consolidated Feed. Historical and end-of-day data is also available. Access is supported through ICE Connect (including ICE XL), and APIs for seamless integration into enterprise systems and automated workflows.
Specifications
Key Features
- Provides streaming and historical trade data (price, yield, volume, and time of execution) for municipal bonds, enhancing market transparency.
- Covers a wide range of municipal securities, including general obligation bonds, revenue bonds, notes, and other tax-exempt/taxable muni instruments.
- Depth: The data set includes Level 1 market data, featuring the best bid and ask prices along with the latest trade information.
- Quality of service: This data set ensures high-quality, live market data with minimal latency and maximum uptime.
Products
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.
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.
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 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.