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MR Beal To Launch New Bond Trading Site And New Company To Boot

TRANSACTION SYSTEMS

NEW YORK--Municipal bond dealer MR Beal is launching an independent company, called MuniBex.com, that will offer an interdealer bond trading website in the third quarter.

"We’ve really gone out of our way to address those idiosyncrasies" of municipal securities markets, such as its pricing conventions, says Keith Golden, who is in charge of MR Beal’s strategic positioning and compliance. While the site will initially deal only in municipal bonds, the system "can handle all types of fixed-income

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