Bonds.com Group, Inc. (OTC.BB:BDCG) today announced the launch of BondsPro, which provides professional fixed income traders with access to live and executable order flow across asset classes, through its broker-dealer subsidiary, Bonds.com, Inc. (BCI).
This is the fourth in a series of strategic announcements, following on the recent news of the financing of Bonds.com Holdings, Inc. and important appointments in the firm's management team.
For the first time in the fixed income markets, BondsPro displays live and executable orders rather than the standard requests for quote model. The BondsPro order book has an estimated 70,000 live bids and offers on daily basis. BondsPro displays live ticking prices with over 50 million price updates daily. These orders show full depth of market along with TRACE prints.
The BondsPro model drastically reduces the cost of supply meeting demand in the fixed income markets globally. This is achieved by matching buyers and sellers in an "all-to-all" fair and equal electronic trading environment. The net result for clients is that Bonds.com creates the opportunity to achieve best execution. Trading is available in Global Corporate Credit: Investment Grade, High Yield, and Emerging Markets; and Mortgage and Asset Backed securities.
George O'Krepkie, President of Bonds.com said: "BondsPro addresses a critical need for fixed income traders, allowing them direct access to our large pool of liquidity and immediate execution against our participants' inventory. Our network brings numerous niches and segments of the global fixed income markets together for the first time. We are changing the very nature of the markets we serve."