The Commonwealth Bank Group, Australias second largest bank, and Bank of America have announced they will join asiabondportal.com as equity participants and providers of online prices, trading liquidity and research.
The two join Deutsche Bank, ABN AMRO, UBS Warburg, JPMorgan, Government of Singapore Investment Corporation and Daiwa SMBC in the multi-dealer platform that launched last October. Asiabondportal.com began by providing research and trading in US dollar-denominated bonds, including convertibles, issued by Asian entities. Since then it has expanded coverage to Hong Kong dollar, Singapore dollar, Japanese Samurai and Euroyen fixed income instruments.
The decision by the Commonwealth Bank to join our platform puts us on track to launch trading...