Market Transparency Toolkit Launched

October 3, 2005 ( - BondDesk Group has launched a new market transparency toolkit.

A company announcement said MarketView & Trade Monitor System (TMS) helps promote best execution by automatically alerting a firm if its clients’ trades are not in line with relevant market information, including TRACE and MSRB data.

Components of MarketView & TMS, according to the announcement, include:

  • MarketView – a price discovery tool.   It allows fixed income professionals to evaluate bond prices as affair and reasonable within the context of prevailing market conditions determined using data from TRACE, MSRB, benchmark scales, and current live pricing for comparable bond offerings on the BondDesk platform.
  • Trade Monitor System – an exception reporting system.   It compares a firm’s executions against reported trades of the day, revealing any client trades that fall out of line with the firm’s pre-set tolerance levels.   It also records a firm’s trader documentation and supervisory notes on every trade, allowing the firm to easily monitor problem trades.
  • Electronic Archive – an online storage and retrieval tool.   It records a snapshot of pertinent MarketView data at the time of execution, along with the firm’s trader and supervisor notes, archiving the information for up to seven years.

BondDesk Group provides a retail fixed income trading platform operating under Regulation ATS and provides software solutions to the securities industry.   More information about BondDesk Group and MarketView & TMS can be found at .