ETS Connect Plus and TS Imagine have partnered to deliver UK and EU fixed-income post-trade data inside TS Imagine’s execution and risk systems, The TRADE reported on 4 November. The integration covers TradeSmart, RiskSmart and TSIQ.[1]
The service combines bond-trade information from the two jurisdictions and standardises reporting flags and reference data. That gives users a more consistent input for monitoring reported activity without maintaining their own connection to ETS.[1]
Clients still need the appropriate ETS data licence. Integration into a trading platform removes part of the technical delivery work; it does not make the underlying market-data rights automatic or turn reported trades into executable prices.[1]
Integration scope
| Area | Announced provision |
|---|---|
| Markets | UK and EU fixed-income post-trade information |
| Data preparation | Normalised reporting flags and reference information |
| TS Imagine products | TradeSmart, RiskSmart and TSIQ |
| Client access | ETS licence required; no separate client-built ETS connection |
Post-trade information can help a desk put recent activity into context, particularly when the same bond appears in several reports with different flags. Normalisation makes those records easier to compare, but the original reporting conditions still matter to the meaning of each observation.[1]
The partnership places this information closer to the systems where traders execute and risk teams monitor positions. Its announced benefit is access and consistency across workflows. The companies have not supplied a measured improvement in trading costs or a claim that every reported price can be replicated in a fresh trade.[1]
Sources & further reading
- ETS Connect Plus and TS Imagine partner on European post-trade fixed income data The TRADE · 4 Nov 2026 · Accessed 4 Nov 2026