Prescient Carves Out a Niche With Cpmarket.com
FIXED INCOME SYSTEMS
WHITE PLAINS, N.Y.--As competition heats up in the online fixed income marketplace, Prescient Markets has established a niche for itself with the successful introduction of Cpmarket.com, an online distribution platform for the $1.5 trillion commercial paper market.
Since its launch in June (Trading Technology Week, May 15), Cpmarket.com has set up accounts with more than 220 financial institutions and has issued over $11 billion in commercial paper through the system. Of those institutions, 140
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