Transvik Plans To Build Two Black Box Exchanges

- WatersTechnology Staff
- 27 Feb 1989

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Transvik Inc., the screen-based trading system supplier, plans to create two new electronic exchanges this year, one based in London and one in New York, industry sources say. Backed by Swedish merchant banking firm Invik & Co. AB, Transvik (TST, Dec. 7, 1987), surfaced at the 1987 Computers in the City show in London and has yet to announce its first customer.

A significant player in the U.S. corporate bond market is partnering with Transvik to create a New York-based automated exchange for

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Transvik Plans To Build Two Black Box Exchanges

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