TITLE

S & Y Online: Stone & Youngberg Set to Introduce News and Trading System

AUTHOR(S)
Williams, Rochelle
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/13/2003, Vol. 344 Issue 31634, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Stone & Youngberg LLC is planning to unveil its online system on May 15, 2003 at its distribution and bond-trading capacity. Youngberg earlier in 2003 purchased the intellectual-property rights from the online trading platform, which shut down in November 2002 after two years of operation. The S&Y Online technology permits online bidding in the secondary bond market and delivers market news, while it also gives investment advisers, broker-dealers, and institutional investors access to an updated inventory of municipal bonds through the system.Youngberg was among the first regional investment banks to launch an online order-monitor application for new issue municipal bonds, doing so in 2000.
ACCESSION #
9893079

 

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