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Neptune, an open standards network utility the fixed income market, has launched a new business entity and component of its company, Neptune Networks Ltd., to run its open standard utility, per a recent Neptune statement.
Neptune Networks Ltd. will see an aggregation of banks and asset managers, part of a comprehensive board that will look to foster a joint buy-side and sell-side governance. The launch of the new entity is the culmination of eighteen months of collaboration as well as Neptune’s ambitions to help streamline its open standard utility.
At the present, there are a total of seventeen dealers that are currently ... (read more)