Bondbook Adds Deutsche, Moves Toward Independent Structure

FIXED INCOME SYSTEMS

NEW YORK--Bondbook, a consortium-based electronic fixed income initiative announced in June, has added a fifth partner, Deutsche Bank, to its list of heavyweight backers. Deutsche will be listed as a founding equity partner, joining original founders Goldman Sachs, Merrill Lynch, Morgan Stanley Dean Witter and recent addition, Salomon Smith Barney.

Additionally, Bondbook has begun to sever ties with its founding partners by gaining limited liability company status, establishing headquarters at

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