No. of Recommendations: 0
Thanks Jack. I should clarify, we are having each vendor price our securities in our existing portfolio, so it is by our existing position. Each uses a lot of market/broker quotes in their inputs, so the lot size shouldn't be an issue. I am starting out this method with investment grade corporate bonds, then tweaking it for high yield and evolving it towards applicability in Munis and structured. It is very possible in a few months we have the second vendor stop pricing investment grade corps if both vendors are as close in pricing as we expect.
Print the post  


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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.