Liberty To Enter Electronic US Bond Trading With Libertydirect Platform Due In August

TRANSACTION SYSTEMS

NEW YORK--Interdealer broker Liberty Brokerage unveiled Libertydirect, its on-line trading system for US Treasuries, at the Securities Industry Association's (SIA) Technology Management Conference at the New York Hilton last week.

The new platform, expected to launch in August, will be used by 30 of Liberty's top clients, say Liberty officials.

On the front end, Libertydirect offers institutional traders a desktop platform that expands upon the traditional "green screen" trading associated with

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