NEW YORK, July 11, 2011 /PRNewswire/ -- Bonds.com Group, Inc. (OTC.BB: BDCG) today announced the launch of BondsPro, which provides professional fixed income traders with access to live and executable order flow across asset classes, through its broker-dealer subsidiary, Bonds.com, Inc. (BCI). This is the fourth in a series of strategic announcements, following on the recent news of the financing of Bonds.com Holdings, Inc. and important appointments in the firm's management team.
For the first time in the fixed income markets, BondsPro displays live and executable orders rather than the standard requests for quote model. The BondsPro order book has an estimated 70,000 live bids and offers on daily basis. BondsPro displays live ticking prices with over 50 million price updates daily. These orders show full depth of market along with TRACE prints.
The BondsPro model drastically reduces the cost of supply meeting demand in the fixed income markets globally. This is achieved by matching buyers and sellers in an "all-to-all" fair and equal electronic trading environment. The net result for clients is that Bonds.com creates the opportunity to achieve best execution. Trading is available in Global Corporate Credit: Investment Grade, High Yield, and Emerging Markets; and Mortgage and Asset Backed securities.
George O'Krepkie, President of Bonds.com said: "BondsPro addresses a critical need for fixed income traders, allowing them direct access to our large pool of liquidity and immediate execution against our participants' inventory. Our network brings numerous niches and segments of the global fixed income markets together for the first time. We are changing the very nature of the markets we serve."
Forward-Looking Statements
The statements made in this press release which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include, without limitation, statements regarding our ability to expand and grow the company, our ability to operate competitively and pursue growth objectives, our future performance and management's ability to anticipate industry developments. Such forward-looking statements may be prefaced by words such as "anticipate", "expect", "believe" and words with similar meanings. As a result of a number of factors, actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause our actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions and the risks set forth in our Annual Report on Form 10-K for the year ended December 31, 2010 and in our other filings with the U.S. Securities and Exchange Commission from time to time. The company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
About Bonds.com Group, Inc.
Bonds.com Group, Inc., through its subsidiary Bonds.com, Inc., serves institutional fixed income investors by providing a comprehensive zero subscription fee online trading platform.
The Company provides daily a large inventory of prices in Global Corporate Credit: Investment Grade, High Yield, and Emerging Markets with over 175 liquidity providers. Bonds.com's newest platform offers Mortgage and Asset Backed securities.
Bonds.com, Inc. Member FINRA/SIPC/MSRB
SOURCE Bonds.com
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