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ICE is excited about integrating our Liffe business onto its own scalable platform for trading and clearing services.
Creditex, for example, founded by two former Deutsche Bank traders, is designed as a platform for trading credit derivatives.
The Central Bank of Ireland has already opposed its acquisition of Ava Trade, a Dublin-based platform for trading currencies.
Through the first two weeks of September, just 1 million euros in Greek bonds exchanged hands on HDAT, the main platform for trading Greek bonds.
They also say Nasdaq, which is planning an initial public offering, should not function as both a regulator and as a rival platform for trading.
MarketAxess, a popular platform for trading corporate bonds, has introduced real-time pricing of some fixed-income products over the last two years, according to its chief executive, Rick McVey.
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But MILA is now a platform for trade in secondary stocks only; it should expand its trading to IPOs, quotas of public funds and fixed-income instruments such as corporate bonds.
Portware Professional, its core product, is a centralized platform for trade and execution management.
It is not a platform for trade negotiations, though it will see the introduction of new products.
The global bulletin board is "a great local trading platform, as opposed to eBay, whose whole focus is building a global platform for trade where geography is irrelevant," Durzy elucidated.
As they compete increasingly with electronic rivals (and with each other), they have become, in essence, little more than rival platforms for trading securities.
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