Battle Of The Bonds

BEST EXECUTION

Six established electronic trading systems vie for control of London's desktops, each making its claim for the superiority of its own platform.

"The battle for the desktop in London has certainly hotted up in the last couple of months." That's the view of one major player in the market. There are six established bond trading systems fighting for London desktops: Brokertec, eSpeed, ETC, EuroMTS, GFInet and Instinet.

Each provider has its stories to tell: eSpeed's revenue of $83 million for the

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