Perrello Spearheads Reuters Liquid Markets


NEW YORK--Reuters is looking to expand its transactional services with the development of Reuters Liquid Markets, an online transaction and information platform for the trading of money market instruments. The creation of Liquid Markets is the result of Reuters’ recent acquisition of Liquidity Link, a New York-based startup founded by Jim Perrello.

While Reuters will not reveal details about when Liquid Markets will launch, it does confirm that commercial paper will be the initial instrument

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