Bond Connect Introduces IOI Functionality With Version 2.0
TRANSACTION SYSTEMS
BOSTON--State Street's global fixed income platform, Bond Connect, has brought indications of interest (IOIs) to the online bond trading world with the release of Bond Connect 2.0. The feature is the first of its kind in the electronic fixed income marketplace.
"This idea [IOIs] came out a little over a year ago from discussions with our customers and some ideas we had about unlocking liquidity," says Ed Gillott, senior vice president at State Street and chief information officer of Advanced
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