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Article: BondLink Platform Offers 'Trading Edge' in Secondary.(Brief Article)
- Article from:
- The Bond Buyer
- Article date:
- January 4, 2000
- Author:
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The fast-changing world of electronic trading is increasingly blurring the lines between partners and competitors.
In the latest evidence of this trend, Trading Edge Inc. recently announced plans to extend its online trading system, BondLink, which now operates in the high-yield corporate market, to the municipal secondary market within the next six months.
In addition to convincing existing municipal trading desks to execute their transactions electronically over its platform, the firm is hoping to attract institutional investors looking to deal directly with other buy-side participants.
Currently, tax-exempts with a total face value of more ...