OVERVIEW

SOLVE’s Secondary Market Pricing solution delivers comprehensive market transparency for municipal bonds, helping traders, analysts, and compliance teams identify comparable trades, refine valuations, and demonstrate best execution. Through intuitive user controls and dynamic visualization tools, users can access live and historical trade data, analyze price movement trends, and validate spreads against real-time Treasury benchmarks—all within a centralized interface that reduces data noise and focuses on the most relevant information.

Markets Covered

Municipal Bonds

1.1M+ securities | Trade-level visibility | Dynamic comparable-bond sourcing

Benefits

  • Price Transparency

    Access real-time municipal trade data and identify comparable trades with transactional detail—helping you see how and where bonds are trading across the market.

  • Pricing Validation

    Use spread-based analysis to determine levels for target and comparable bonds, ensuring consistent, data-driven validation for pricing and best execution reporting.

  • Market Awareness

    Monitor ongoing activity and trends across the municipal market to stay informed of shifts in pricing and execution patterns.

Use Cases

  • Trade Validation

    Easily locate and review trades from a target bond’s issue and comparable bonds in the market.

  • Best Execution Support

    Demonstrate compliance with MSRB Rule G-18 through accurate comparable analysis and real-time pricing visibility.

  • Portfolio and Risk Monitoring

    Access historical trade data to measure performance, risk exposure, and pricing changes over time.

  • Market Visualization

    Leverage dynamic graphical tools to identify trends in price movement and benchmark spreads.

Features

  • Market Data Analysis

    Bond-based market data and analysis for the target bond, its issue, and comparable bonds in the market.

  • Benchmark Alignment

    Taxable bond trades spread to real-time Treasury benchmark yields for accurate comparative insight.

  • Comparable Trade Identification

    Comparable bonds and trades identified with relevant transactional data for validation and analysis.

  • User-Defined Controls

    User controls allow customization and refinement of baseline results for targeted comparable selection.

  • Dynamic Visualization

    Interactive tools visualize trends in price movement and spread behavior across the municipal market.

  • Integrated Ticker Access

    Direct link to and from the Ticker enables seamless review of trade activity and real-time monitoring.

  • Data Efficiency

    Elimination of duplicate or redundant market data quotes ensures cleaner, more actionable insights.

Clarity Powered Through
Millions of Data Points

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Secondary Market Pricing