The Ticker
Citigroup starts electronic bond-trading service
1/11/13 2:20pm
Citigroup ($51.45 0.84%), the third-biggest U.S. bank by assets, has started an electronic bond-trading service as Wall Street firms seek to help clients buy and sell debts among themselves.
Clients of the Citi Credit Cross trading system have been able to enter transactions themselves since this week, said Scott Helfman, a spokesman for New York-based Citigroup. The service will be phased in during the next few weeks, he said.
