TMC Bonds, recently acquired by ICE, was found to have revealed client trading intentions to potential counterparties on its anonymous trading platform.
Tag: TMC Bonds
ICE establishes new fixed income trading business which combines its three platforms TMC Bonds, BondPoint and ICE Credit Trade.
President at ICE, Benjamin Jackson, says that following the acquisitions of BondPoint and TMC Bonds, ICE will expand its RFQ services.
ICE says BondPoint platform and recently acquired TMC Bonds business are well-positioned for automation in fixed income.
ICE said the $685 million purchase will not have any impact on the exchange’s financial results this year.
ICE buys fixed income marketplace TMC Bonds in latest strategic fixed income acquisition.