Bloomberg LP announces that it is joining some of the...

Bloomberg LP announces that it is joining some of the largest Wall Street investment firms to unveil a new bond-trading system. The move is seen as an attempt by Bloomberg to seize the lead in the growing battle for online-bond supremacy, as more and more investors are beginning to turn to electronic trading platforms for buying and selling bonds.The new bond-trading system is designed to provide investors with access to real-time pricing information, as well as the ability to execute trades quickly and efficiently. It is seen as a response to the growing demand for electronic trading platforms, which are seen as more transparent, more efficient, and less expensive than traditional trading methods.

Thursday, 3 February, 2000