UnThreaded | Threaded | Whole Thread (27) | Ignore Thread Prev | Next
Author: persistentone Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35435  
Subject: Re: IBKR Pushing Hard Into Bonds Date: 6/22/2010 12:18 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Read the press release carefully. They are offering support for electronic trading on the *NYSE Bond Exchange* which is a separate trading market for bonds, using bond symbols that are NYSE symbols. An example of one of these is a Biglari Holdings Debenture BH15.

NYSE's bond market is a nightmare. I have repeatedly tried to get my broker (who supposedly is connected to this platform) to even enter a limit order and they have yet to do it ONCE. I got so frustrated I contacted the guy who heads up NYSE's bond platform directly, and tried to get him to interact with my broker. They still couldn't enter the order.

When you look at the order book for the NYSE bonds, it is pathetic. There is virtually nothing in the queue for most bonds.

NYSE needs to market the heck out of this product and promote individual issues to build some traffic. So far the product looks like a total failure.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (27) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Swiss Franc, Obamacare, Education: Common Theme
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.