Precise Corporate Bond Pricing
in a Volatile Market
Corporate Bond Pricing Matters
Corporate bonds are more relevant—and more revealing—than ever. As the market adjusts to a slower Fed, credit desks are watching every basis point. High rates aren’t new anymore. With spreads still bouncing, liquidity patchy, and data quality under scrutiny, one thing is clear: how you price your bonds matters – a lot.
From investment-grade mainstays to emerging market risk, corporate debt remains a cornerstone for income, diversification, and capital structure plays. But if you’re relying on legacy pricing models—or reference data that hasn’t evolved—you might be making decisions on information that’s days (or dollars) behind. That’s where SQX comes in.
The Issue with Traditional Pricing Methods
Most corporate bonds trade over the counter. That means no official closing prices, no exchanges, and a lot of guesswork. Traditional pricing methods—like matrix pricing—rely on a handful of reference securities.
Here’s the problem: these methods assume that bonds with similar maturities or ratings will price similarly. But in a world where credit curves shift daily and callable bonds can flip valuations on a dime, that approach is quickly becoming outdated. And when those reference bonds are themselves mispriced, the whole pricing structure collapses.
SQX Pricing Methodology
At SQX, pricing isn’t an afterthought—it’s our core business. We built our corporate bond pricing engine believing that if we can measure precisely, we can price accurately.
Here’s how we do it: SQX builds a real-time yield curve using all of an issuer’s traded bonds—not just a few references—to price accurately, even without recent trades. We make intraday adjustments to reflect rate moves after a trade, and apply time-series and cross-sectional analysis to flag outliers. Unlike matrix pricing, our curve-based approach avoids spreading errors from a single bad quote.
Here's an example. Picture a long-duration corporate bond that trades early in the day at $105.90. By market close, treasury yields rise 9 bps. Most pricing services would still show $105.90. SQX adjusts—pricing it at $104.33.
What You Get: Precision and Performance
SQX corporate bond pricing will make your process smarter than ever.
We offer:
- Evaluated pricing for all global corporate bonds, including high yield and emerging markets
- Delivery your way via SFTP or API
- Support that’s supportive – we respond promptly and resolve most issues in under 24 hours
- Bond analytics across 80+ fields, including yield to worst, duration, convexity, volatility, and more
Our corporate bond pricing is backed by a team of experts who understand the ins and outs of the bond market. We aim to be as flexible as possible—if you need custom coverage, let us know!
Who Benefits from Our Corporate Bond Data?
SQX corporate bond pricing is built for everyone who can’t afford uncertainty. Portfolio managers rely on our data to calculate NAVs and match liabilities with confidence. Risk teams use our precise pricing to manage exposure and refine hedging strategies. Traders count on us for fast, accurate mark-to-market values, while operations teams depend on our reliability to meet compliance and reporting standards. If accurate corporate bond pricing is critical to your organization, SQX is an ideal resource.
Corporate Bond Pricing Built for You
SQX might not be your first pricing provider—but we might just be your best. Our mission is to price corporate bonds better, faster, and smarter than ever before. Armed with our pricing, you’ll be equipped to make sharper decisions with less guesswork. Along the way, you can expect high-value prices, top-tier customer service, and the flexibility of a team that works for you.
Want to see what makes our corporate bond pricing different? Let us know! We’d love to tell you more.
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