| Headline: E-commerce - Bonding on the internet Source: Euromoney Date: February 2000 Author: Antony Currie Selling of primary bond issues via the internet has diverted attention from more revolutionary developments in e-trading - such as the plethora of bond-trading platforms, owned by different constellations of players, and the channelling of several banks' research and dealing services through a single portal. Where's it all going? Antony Currie reports
Sounds familiar? It should - it's exactly what debt-market bankers have been trumpeting in recent months. Several firms opted to go through e-bond underwriting exercises in January as proof of their commitment to, and leadership in, e-commerce. Yet these same institutions provoked Fondren's wrath in the past. |