NEW YORK--Moneyline has been selected to host a new fixed income transactional service, Market Axcess, formed by Bear Stearns, Chase Manhattan and JP Morgan.
The deal to host a transactional system is a different business line for Moneyline, which has been focusing on delivering content via an IP network. Jon Robson, president and CEO of Moneyline told IMD, "We are not moving away from our existing set up, but are focusing on developing the Internet platform side of our business."
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