Newbridge Securities, a securities broker-dealer and investment bank, has released the Newbridge Bond Center platform to its website. Reportedly, the Newbridge Bond Center is an integrated trading platform that allows the users to search for taxable and tax exempt bonds and enables the Newbridge clients to contact their Newbridge advisors and request to buy or sell bonds through the firm’s fixed income desk.
The company has added that through a collaborative effort, TheMuniCenter customized its retail-orientated fixed income platform for Newbridge’s specific needs. Live inventory is comprised of up to 30,000 daily taxable and tax-exempt line items, reaching over $17 billion par value. The Newbridge brokers would be able to execute customer transactions directly with providers making markets in agency, corporate, municipal and mortgage-backed bonds, as well as CDs. In addition, the system also provides weekly financial data and a yield matrix chart to cross reference relative value between certain sectors of the market.
The company claimed that the Newbridge’s fixed income desk serves as a resource partner in both bidding for and offering fixed income products. Their consultative approach helps Newbridge brokers understand and meet their clients’ objectives in buying and selling fixed income products, including corporate and government bonds, CDs, municipal bonds, and structured products.
