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BondDesk Group LLC, operator of the BondDesk ATS, the leading odd-lot fixed income trading platform in the U.S., is pleased to announce the 2012 winners of its prestigious “Dealer of the Year” awards.
The “Dealer of the Year” awards are presented annually to the BondDesk ATS participants who achieve the highest overall ranking based on a combination of factors including: liquidity offered, price quality, certainty of execution and speed of execution. This year’s award winners were honored in front of the leading minds and practitioners in retail fixed income, who gathered in New York for the BondDesk Community Forum held at the historic Museum of American Finance.
The awards were given in several asset classes, including Investment Grade Corporates, High Yield Corporates, Agencies, and CDs.
The 2012 award winners in these categories were:
Wells Fargo Securities, LLC (Investment Grade Corporate)
Brownstone Investment Group, LLC (High Yield Corporate)
Tahoe Fixed Income, LLC (Agency)
Raymond James and Associates, Inc. (CD)
“It gave me great pleasure to recognize these exceptional firms that share our commitment to best execution and help make BondDesk the leading platform for odd-lot fixed income trading,” said John Bagley, President of BondDesk Trading. “The competition this year was tough as more firms joined the platform and liquidity climbed to new heights. The number of unique bonds on the platform and the number of live quotes were both up about 30 percent this year—an indication that small-to-mid-sized firms are filling the liquidity gap being left by some large bank-owned dealers.”
About BondDesk
BondDesk Group LLC is a leading financial technology company providing innovative, enterprise-wide fixed income solutions to a community of over 2,000 investment firms, including many of the top broker-dealers in North America. BondDesk’s workstation solutions, including its flagship BondWorks® Wealth Management Platform, enable over 105,000 financial advisors and asset managers to trade bonds with confidence, manage client portfolios and attract new assets. The company’s industry-leading advisor workstation, price transparency, portfolio management and compliance solutions empower wealth managers to better service the needs of the investing public. BondWorks is the first financial services solution to win the highly coveted “Best Application Design” award from the Nielsen Norman Group (NNG), one of the world’s leading design and usability research and consultancy firms.
In addition, the BondDesk Alternative Trading System (ATS), operated by BondDesk Trading LLC, member FINRA and SIPC, provides the BondDesk community with access to an aggregated pool of over 120,000 daily live offerings of odd-lot fixed income securities in a broad range of asset classes. The BondDesk Trading ATS executes approximately 20,000 transactions per day with high fill ratios and price quality. Access to the ATS is subject to review by BondDesk Trading LLC.
BondDesk Trading LLC is a wholly-owned subsidiary of BondDesk Group LLC.
To learn more, visit www.bonddeskgroup.com, and follow @BondDesk on Twitter.
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