Empirasign Adds to Dealer Run Quotes


Empirasign founder and president Adam Murphy says the data will make it easier for front-office traders to understand at what level bonds are trading and where their competitors are pricing their inventories, while also improving the accuracy of valuations and price validation, since those involved in providing valuations will be able to see both sides of the market in a security. "The challenge with trying to get a handle on what a bond is worth is that there are a couple of million CUSIPs [