TradingScreen Set to Launch Galaxy MTF for Corporate Bonds

Execution management system (EMS) provider TradingScreen plans to launch Galaxy, a multilateral trading facility (MTF) for European corporate bonds, by the end of the year, according to vendor officials.

NYSE Euronext is planning a similar offering (see story, this page).

Following recommendations from the Cassiopeia Committee, a group of representatives from major European trading venues and financial firms, TradingScreen is developing Galaxy to bring transparency and efficiency to European cor

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