Startup Bond ATS DelphX Taps Thomson Reuters for Fair Value Pricing Tool

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DelphX, a proposed alternative trading system for corporate bonds, is preparing to launch its initial pricing service, dubbed Mav=n, using data from Thomson Reuters' Treasury Pricing Feed to create fair value assessments for corporate bonds.

The Mav=n service is currently in a soft launch phase designed to build client momentum before an official launch. "We are demoing this every day... and taking on subscribers. We're very close to lifting the veil," says DelphX president and chief executive L