Boston, MA, USA, December 14, 2000 ? Report Published by Celent
In a new report entitled "Online Bond Trading: If You Build It, They Will Come?" Celent Communications examines the rapidly evolving US online bond trading market.
With the introduction of online bond trading, the once neglected US bond market is suddenly the hottest topic on Wall Street. The online bond trading market has grown exponentially, with over 75 online bond trading systems currently competing for market share.
According to Sang Lee, the author of the report, "There are too many players chasing too little liquidity at this point. Those firms without a proven source of liquidity will have a difficult time surviving in this over-crowded market in the long run." He goes onto add that, "In terms of trading volume, we expect to see a steady, but robust increase in the percentage of bond trading occurring via the Internet in the next three years, reaching close to 25 percent by 2003. "
The report provides a comprehensive overview of the US bond market and some of the barriers that online bond trading systems face as they try to attract enough liquidity to build market confidence in their services. Different types of online bond trading systems are also discussed with emphasis on strengths and weaknesses of each. A Table of Contents is available online. Members of Celent Communication's Institutional Securities & Investments research service can download the report electronically by clicking on the icon to the left.