Espeed Jumps Into Japan To Offer JGBs Electronically
TRANSACTION SYSTEMS
LONDON--Espeed, Cantor Fitzgerald’s electronic fixed-income trading system, has gone live with Japanese Government Bond (JGB) trading, safely beating competitors Instinet and MTS Japan Securities.
Espeed’s 600 wholesale bank and financial institution members now have the ability to trade JGBs electronically, as well as US Treasuries and European Govern-ment Bonds, on Espeed’s system. There is no membership fee and no consortium to join, says a spokesperson for Espeed. Users do not pay for an
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