SPICE allows third-party retail distributors, private banks and institutional investors to either click and trade on existing securities or design their own tailor-made instruments on a reverse enquiry basis.
Investors can also provide direct feedback to our structuring desks on proposed trade ideas, allowing Commerzbank to gauge market interest and better tailor our offerings.
Key features and benefits of SPICE include:
Axes and trade ideas
SPICE acts as a conduit of information, disseminating all necessary information to investors and providing a forum for feedback on thousands of trades:
- Consult termsheets, pricing supplements, underlying research and supporting information on all executed transactions across all asset classes, as well as secondary trades, including asset swaps
- View all trade ideas across all asset classes at a glance
Resource Centre
The Resource Centre brings together all the relevant documents and information on the various documentation formats (EMTN, Schuldschein, JPY Loans, etc. ) and structure types. It also provides access to a wide range of online resources covering legal and technical issues such as:
- Allen & Overy’s Selling restrictions for EMTN and private placements, ECP and short term products
- Commerzbank publications and presentations including product and market brochures
- Access eBookbuilding and eRoadshow – Commerzbank’s online capital raising platforms
- Access Commerzbank’s online research
- Access private placement market updates via MTN-i
- Direct link to EuroProspectus - the world's largest text, clause and field searchable online library of debt, equity, derivatives and M&A prospectuses - through SPICE any user can download over 250,000 documents which are updated weekly
The Matrix
The Matrix section allows users to access detailed information on bond and private placement issuers by clicking on their specific matrix. Users can see a complete list of over 550 issuers' matrices and click through for additional information. This makes it possible to:
- View at a glance the various instruments/documentation formats that an issuer can utilise e.g. MTN, Schuldschein, JPY Loan, etc
- Search our issuer database for relevant funding levels, issuing entity and structure entertained by each issuer
Award-winning
Since its launch in 2005, SPICE has been market recognised winning the mtn-i Innovation & Achievement award in December 2005 - less than a year from launch - and the Best Use of Business-to-Business eCommerce award in the Financial Sector Technology awards in March 2006.
