Dedicated Advocacy and Representation for Fixed Income Pricing and Valuation Service Providers, Contributors and Users

Benefits

Part of the BMA membership / advocacy structure as the only DC based trade group exclusively focused on the US bond markets.

How to Get Involved

Full Membership Benefits

  • Zero registration fees for BPI specific events; BDA member discounts for BDA events
  • Branding and links on all BPI materials and micro-site within BDA website
  • Free company entry in the BPI Annual Handbook

Associate Membership Benefits

  • Member discount for all BPI events; BDA member registration fees for BDA events
  • Free BPI webinars
  • Free Networking events
  • Free BPI Survey & Research results
What We Do

The mission of the BPI is to promote professionalism and best practices in fixed-income securities pricing through advocacy, education, and communication. Improved pricing and valuation of fixed income securities to benefit investors is of primary focus.

BPI Handbook 2023

Steering Committee

The Bond Pricing Institute is led by a Steering Committee of 15 individuals representing the different members of the Division, and includes two BDA Board member from sell-side dealers.

Meet the Committee

Meetings

The Division meets virtually or in-person on a quarterly basis or as needed. Meetings are tied to BPI/BDA events when possible – example is an in-person Division meeting correlated with the BDA annual FI conference.

Who We Are

The Bond Pricing Institute (BPI – a Division of the Bond Dealers of America) was launched early 2022 within to bring together and represent diverse professionals engaged in the work of pricing evaluations of fixed-income securities for investors, funds, broker-dealers, insurance companies and others.

The mission of the BPI is to promote professionalism and best practices in fixed-income securities pricing through advocacy, education, and communication. Improved pricing and valuation of fixed income securities to benefit investors is of primary focus.

BPI provides a menu of services to member professionals and companies, including:

  • Federal Advocacy – Providing direct representation for Pricing and Valuation Firms
  • Direct Participation in developing and maintaining Industry Best Practices
  • Events and Webinars
  • Research & Surveys
  • Industry Resources Handbook

We Focus On

  1. Communication, education, networking and awareness as scrutiny by regulators (globally) increases for pricing and valuation providers
  2. Representation and advocacy for this important segment of the fixed income markets – especially as the SEC and others focus on overall bond market structure
  3. Investors benefit from collaborative efforts to improve securities pricing and valuations

Issues

Regulatory

  • SEC Rule 15c2-11 SEC
  • Fair Value Rule 2a-5
  • Compliance with accounting Levels 1-3
  • PCAOB scrutiny of broker quotes

Business/Market Structure

  • Market liquidity
  • Electronification of market and transparency of pricing
  • Public to private market trends
  • Reference price for best ex – retail versus institutional markets

Meet Our Members

Division Members

Pricing Providers

  • Pricing Vendors
  • Pricing Analytics Vendors
  • Exchanges & IDBs
  • Broker Dealers

Pricing Users

  • Broker Dealers
  • Fund Managers & Advisers
  • Fund Administrators & Custodians
  • Accountants & Auditors
  • Commercial Banks
  • Ratings Agencies
  • Insurance Companies

Get Involved

Full Membership Benefits

Part of the BDA membership / advocacy structure as the only DC based trade group exclusively focused on the US bond markets.

  • Associate Membership of Bond Dealers of America included (worth $15k)
  • Logo and URL on BPI home page as Institute members
  • Company profile and advert in the annual BPI Handbook
  • Five complimentary passes to all BPI virtual events
  • Two complimentary passes for BPI’s Annual Conference: 25% member discount on any additional sponsorship, passes or exhibit stand
  • BDA member registration fees and 10% member discount on sponsorship for other Bond Dealers of America events
  • Full access to all BPI research and surveys

Associate Membership Benefits

  • Member fees for all BPI events; BDA member registration fees for BDA events
  • Free BPI webinars
  • Free Networking events Free BPI Survey & Research results

Contact:

To get involved, please contact Ian Blance at iblance@bondmarket.org.