Limitrader May Get Another Chance In The Secondary Corporate Bond Market

ELECTRONIC TRADING

PRINCETON, NEW JERSEY--In spite of the recent actions by State Street and Bridge Information Systems, the idea of an electronic bond trading system is not new. Just ask the backers of Limitrader, an electronic bond trading system for the secondary corporate bond market.

The system was first introduced about five years ago by Fagin, Kopley & Hanson, a development corporation. However, Limitrader failed to garner support in the summer of 1993 (Investment Management Technology, June 25, 1993).

"There

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