1988 Bond Market Tightens

INSIDE MARKET DATA 20TH ANNIVERSARY ISSUE

Bond Market Data Competition Warms Up As Merrill Untethers Bloomberg, Newco Moves Ahead

Fixed-income traders are bracing for escalated competition among market data services in the wake of Merrill Lynch’s decision to allow Bloomberg Financial Markets to provide its service to 13 large but previously embargoed firms. Also stoking the competitive fires will be Newco, a consortium of government securities brokers, which is moving forward with a proposal to provide a last sale ticker of Treasury

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