TradePMR Enhances Custodial Platform for RIAs: Portfolio Products
03/16/2020
Wheaton, Illinois-based fintech firm BondWave made several enhancements to its Effi platform, expanding functionality and workflow customization. Effi enables fixed income traders, advisors and investors to evaluate execution quality, service and monitor accounts, as well as identify and communicate targeted trade ideas. open website
BondWave Announces Q1 Effi™ Enhancements
03/11/2020
BondWave LLC, a leading financial technology firm focused on fixed income solutions, announced today several enhancements to its Effi™ platform, expanding both functionality and workflow customization. The latest update includes advanced pre-trade price discovery, leveraging the regulatory prescribed ‘waterfall’ methodology and designed to advance users’ best execution and fair pricing processes. open website
Oil market crash exposes liquidity drought in corporate debt trading
03/10/2020
The sharpest one day fall in oil markets since the 1991 Gulf War on Monday revealed familiar cracks in the corporate credit market...Paul Daley, managing director of Bond Wave, said the hefty transaction costs recorded on Monday were a reflection of how much of the trading was driven by the most vulnerable bonds, such as those listed by energy companies, with debt sold by issuers in other industries seeing few transactions. open website
