Brokers compete with Markit to electronize bond issuance – Risk.net
Two rival bond issuance platforms are vying for the hearts of buyers.
Ipreo is already very popular in Europe and was acquired by financial technology heavyweight IHS Markit in August 2018. But it faces competition from a consortium of banks launching an alternative service called DirectBooks, initially aimed at the US market. .
The aim of both platforms is to automate the issuance of…
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