Source: Bonds.com
Bonds.com Group (the "Company") (OTCBB:BDCG) through its subsidiary Bonds.com, Inc., provider of an innovative comprehensive online trading platform providing execution, liquidity and competitive pricing to the fragmented fixed income marketplace, announced today that its BondStation platform will provide continuous intra-day updates on the underlying ratings of insured municipal bonds assigned by credit rating agencies.
We believe providing this information on the BondStation trading platform adds another important resource to assist fixed income investors in making more informed decisions on their municipal securities transactions.
Using a live feed sent from rating agencies such as Moody's and Standard & Poor's, the credit ratings of bond issuers are updated throughout the day with the information posted directly on BondStation.
"Given the current economic climate, the Company recognizes the necessity of providing our clients with critical and timely information about securities offered on our trading platform," stated Chairman and CEO John Barry, IV. "Events earlier this year have emphasized the importance of gauging the bond issuers' ability to pay their debt service which is now reflected in the underlying credit ratings we provide on BondStation. With this information readily available on BondStation, we believe our clients are more empowered to make the best possible investment decisions."