Liquidnet pours into primary issuance

摘要

LIQUIDNET is set to expand into primary bond markets with a new system for the issuance of investment-grade, high-yield and emerging market bonds. Liquidnet, currently a secondary trading platform for investment-grade, high-yield, and emerging market sovereign and corporate bonds, is planning to launch Liquidnet Debt Capital Markets later this year, following a two-year development process. Attempts to shake up how the new bond issue process is conducted abound with various bank-sponsored platforms emerging over the years, yet the process has not changed dramatically. With the aim of streamlining the primary issuance process by connecting buyside to syndicates, Liquidnet's offering goes head-to-head with Ipreo's Investor Access.