Friday, April 27, 2007

NYSE launches new corporate bond trading platform

(Reuters) - Launched on Monday, the system, based on NYSE's electronic equity market Arca, replaces an older corporate bond trading platform called the automated bond system, or ABS.

The goal is to bring an exchange-trading model to the fixed-income world, improving pricing and transparency, according to John Holman, vice president of fixed-income for NYSE Euronext.


Read more at Reuters.com Bonds News

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