State Street Enters Electronic Bond Trading Market With BondConnect

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NEW YORK--Last week, State Street Bank, Bridge Information Systems and software publisher NetExchange announced the latest entrant in the still largely untested market for automated bond-trading systems. Called BondConnect, the system will be available to institutional and sell-side users of State Street's Global Link Network and Bridge's Bridgestation market data workstations. The system is expected to be ready by the fourth quarter, and at least initially, it will execute trades for US

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