Citi and Deutsche Bank have joined Neptune Networks, an open-standard network for bond pre-trade real-time AXE indications. The have also taken stakes in the venture and joined its board.
Neptune, the open standards network for pre-trade indications in bond markets, has set up a new company, Neptune Networks Ltd, to run the utility. Neptune was formulated by Etrading Software and a group of 40+ banks and asset managers in H2 2014. The pilot production network went live in August 2015. Its supporters include Barclays […]
