S&P CapIQ, BondDesk Ally on Odd-Lot Bond Pricing Service

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S&P Capital IQ is developing an evaluated pricing service for odd-lot fixed income securities in partnership with bond trading platform BondDesk Group, to bring transparency to participants in the odd-lot-trades of less than $1 million in size-securities market.

The vendor intends to roll out the service, dubbed Odd-Lot Valuations, late in the fourth quarter of this year, covering US corporate and municipal bonds, though officials say they hope that if the initial service proves successful, clie

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