Major Dealers Share Fixed Income Data On Bond Hub Service

DATA CONSUMERS

NEW YORK--Goldman Sachs & Co, Morgan Stanley Dean Witter and Salomon Smith Barney have teamed up with a new Internet service called Bond Hub to provide institutional investors with indicative prices for their traded fixed income securities.

The initiative was driven primarily by customer demands for a consolidated service providing this information. Now an estimated 5,000 institutional investors who have been viewing the individual websites of the participating firms will be able to access i