Banks make $100 billion every year for bond trading, but the transaction is made through an intermediary that takes a cut. Unlike the stock market, the bond market doesn’t have a centralized system where traders can plainly see the fees involved in the trade. Direct Match eliminates the middle man. There are already 25 institutions using the technology.
http://www.directmatchx.com/
Direct Match – NASDAQ For Bonds
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MachineGhost
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Direct Match – NASDAQ For Bonds
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!