BondBook Shuts Down Trading Platform

October 29, 2001 ( - BondBook has announced the closing of its online trading platform for US high grade and high yield corporate bonds after eight months.

The firm plans to offer its staff compensation packages and to close trading and operations while maintaining the platform’s capabilities.

BondBook sought to provide participants in the fixed income markets easier price discovery, greater price transparency, and more reliable access to liquidity by providing an electronic, anonymous, any-to-any trading platform, open to all qualified market participants.

Read more at BondBook Hangs in the Balance.