BtoB

Powerhouses form bond exchange

Published on .

Most Popular
Goldman Sachs & Co., Merrill Lynch & Co. and Morgan Stanley Dean Witter & Co. plan to form an online exchange for corporate and municipal bonds. The exchange, BondBook L.L.C., will launch by the end of the year. Goldman, Merrill and Morgan Stanley control about 30% of all global fixed-income trading.
In this article: