Garban-Intercapital and Govpx Team Up To Offer Financial Portal Govex

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NEW YORK: Interdealer broker Garban-Intercapital and Govpx have created Govex, an Internet-based financial information portal that will let permissioned traders participate in the wholesale markets for US Treasuries, including outright cash bills, notes and bonds, cash versus futures (basis trading) and yield curve swaps.

The portal will provide access to Garban-Intercapital's ETC, an electronic trading system that simulates interdealer trading using real-time Internet technologies.

Ron Purpo