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Bond Platforms Buying Vendors

Bond trading platform operators, seeking to add revenue streams that are not linked to the volatile fixed-income markets, have been buying technology vendors and service providers.

Firms making acquisitions include MarketAxess, which last month bought Greenline Financial Technologies, a Chicago-based provider of FIX technology, and GFI Group, which said in February that it had purchased London-based trading platform supplier Trayport.




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