The data behind RealQ

Neptune delivers real-time dealer axes and inventory directly into buy-side workflows. 

Structured, targeted data from 34 global banks enables investors to identify actionable liquidity and support more targeted counterparty engagement. 

What sets us apart

Real Time

Real-time, structured and standardised connectivity supports consistent data and reduced noise.

Trusted Relationships

Enhances buy-side and sell-side relationships through targeted interaction, reducing information leakage and supporting precise best execution.

Deep Connectivity

FIX enables seamless connectivity via API, OMS/EMS or via the Neptune GUI. 

Data Integrity 

Single-connection pre-trade bond data from participating sell-side market makers.

Dealer data at a glance

110 k

Daily Average
Bonds

$ 2.2 T

Daily Gross
Notional

320 +

AXE/INV
Items Daily

33 *

Currencies
Supported

19

Algo
Feeds

*As of April 2026

Who We Work With

Participating dealer network

  • Bank of America
  • Barclays 
  • BBVA 
  • BNP Paribas 
  • Citadel Securities 
  • Citi 
  • Credit Agricole 
  • Deutsche Bank 
  • Goldman Sachs
  • Helaba
  • HSBC
  • ING
  • Jefferies 
  • J.P.Morgan
  • Mizuho
  • Morgan Stanley
  • MUFG
  • National Bank of Canada
  • Natixis
  • NastWest
  • Nomura
  • Rabobank
  • RBC
  • Santander
  • Susquehanna IG
  • SMBC
  • Societe Générale
  • Stifel
  • TD Securities
  • Truist
  • UBS
  • Wells Fargo
  • Zürcher Kantonalbank

Multi-channel integration into your core workflows
Choose from a range of connection methods

Neptune Web App

Access pre-trade data, with full search, analytics and visualisation functionality.

OMS/EMS Integrations

Neptune integrates with the majority of leading order management platforms.

API

FIX connectivity ensures you get Neptune data into your data platforms reliably and quickly. We also support Rest API.

Drop Copy

Regular data delivery to you via FTP/SSH

AWS

Secure data transfer via the Amazon Web Services Cloud

The web application

  • Provides a real-time view of axe data, with advanced search options and live actionable pricing
  • Learn the market landscape fast through how many dealers are stacked on the buy/sell sides
  • Track axe message history intraday and historically using the Axe History chart
  • Monitor the market skew on a given instrument
  • Find bonds in many ways, including new issuance and ESG criteria

Create custom portfolios

Create dynamically updating watchlists to receive fully customisable alerts when new axe data is received.

Looking for market insight?

Use the Analytics page to provide an intraday view of notional and axe counts by bid/ask, asset class and sector, or by other data points in the search panel. 

Identify the most liquid bonds based on the attributes selected, notional and number of axes, or look back at a previous day’s data using the historical date filter.