Govpx Wins BMA Contract To Develop Corpx System
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NEW YORK--Govpx has emerged as the winner of the contract for the Bond Market Association (BMA) to develop a price reporting and dissemination system for corporate bond transaction information from the key interdealer brokers in the market. The BMA issued a Request for Proposal (RFP) for the project last December in response to calls by the Securities and Exchange Commission (SEC) for more transparency in the corporate bond market.
The system, which is scheduled to be up and running by April 30
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