Direct Match – NASDAQ For Bonds
Posted: Sat Mar 28, 2015 8:47 pm
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/
http://www.directmatchx.com/