Limitrader Gears Up For Early April Launch Of Internet-Based Corporate Bond
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NEW YORK--The race to launch an electronic corporate bond trading system kicks off in April with the formal launch of Limitrader. The Internet-based US corporate bond and medium term note trading system will enter beta tests March 1 and launch one month later, says Limitrader Securities Inc. president and CEO Ed McGuinn.
Although originally slated to roll in September, McGuinn, a former Lehman Brothers managing director, says the promise of additional funding and the Internet-related expertise of
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