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Introducing the NYSE Bonds Trading Platform
The NYSE Bonds trading platform provides a more efficient and transparent way to trade bonds. The platform incorporates the design of the current NYSE Arca all-electronic trading system. This system provides investors with the ability to readily obtain transparent pricing and trading information, enabling them to make better investment decisions. The system has also been expanded to include the bonds of all NYSE-listed companies and their subsidiaries without the companies having to list each bond issued.
NYSE Bonds operates the largest centralized bond market of any U.S. exchange or other self-regulatory organization. It offers investors a broad selection of bonds: corporate (including convertibles), agency and government bonds. The majority of NYSE bond volume is in corporate debt, with some 94% in straight, or non-convertible bonds, and 6% in convertible debt issues.
NYSE Amex Bonds
As of Monday, December 1, 2008 all NYSE Amex (formerly American Stock Exchange) listed bonds transferred to an electronic trading platform based on NYSE Bonds called NYSE Amex Bonds. Like NYSE Bonds, this electronic trading platform is based on the design of NYSE Arca’s comprehensive matching technology allowing NYSE Members to enter orders to buy or sell bonds electronically.
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