Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 02, 2015 6:16 AM ET

Internet Software and Services

Company Overview of BondDesk Group LLC

Company Overview

BondDesk Group LLC offers fixed-income software solutions to broker-dealers, individual and institutional buy-side investors, independent financial advisors, online brokers, and national and regional full-service brokers for retail bond trading in North America. It offers BondDesk Alternative Trading System, a fixed-income trading platform to trade odd-lots of municipals, corporates, treasuries, agencies, CDs, and mortgages; BondDesk Direct, a solution for small broker-dealers to access the BondDesk inventory; and BondDesk Institutional, a fixed-income trading system for financial professionals and institutions. It also offers Advisor Workstation, a customizable real-time position and tradin...

25 Corte Madera Avenue

Suite 100

Mill Valley, CA 94941

United States

Founded in 1995

Phone:

415-383-4988

Fax:

415-381-7552

Key Executives for BondDesk Group LLC

Chairman and Chief Executive Officer
Age: 60
Chief Operations Officer, Chief Financial Officer and Member of Operating Committee
Age: 49
Head of Product Management, President of Techhackers Llc & Tips Llc and Member of Operating Committee
President of BondDesk Trading LLC
Chief Information Officer, Senior Managing Director and Member of Operating Committee
Compensation as of Fiscal Year 2015.

BondDesk Group LLC Key Developments

BondDesk Group LLC Announces Management Changes

Tradeweb Markets announced that it has signed a definitive agreement to acquire BondDesk Group LLC. Upon closing, Howard Edelstein, Chairman & CEO will step down from BondDesk and return to his other portfolio and Board interests, and his role as an Operating Partner in private equity. John Cahalane, Managing Director and Head of Tradeweb Retail, will lead the combined business post-close.

BondDesk Group LLC and S&P Capital IQ to Develop an Innovative Odd-Lot Fixed Income Pricing Service

Recognizing the need for improved price transparency in the odd-lot fixed income markets, BondDesk Group LLC and S&P Capital IQ announced a new pricing service for U.S. corporate and municipal bonds, Odd-Lot Valuations. The evaluated prices in this new service will be derived using S&P Capital IQ's proprietary methodologies and factor in market data from the BondDesk ATS. Odd-Lot Valuations will include bid- and ask-side odd-lot (<$1 million) evaluated prices, a unique market range around these prices and a flexible suite of tools to deliver these outputs to fixed income marketplace participants including retail brokers, market makers, buy-side institutions, interdealer brokers, data providers and alternative trading systems (ATSs). This innovative service will bring a degree of confidence to the execution of odd-lot fixed income trades, provide compliance departments with a consistent way to help assess trade execution quality, and provide investors with valuations that are more indicative of odd lot transactions. This much anticipated service, now expected to launch in the fourth quarter of 2013, will initially cover U.S. corporate and municipal bonds.

Similar Private Companies By Industry

Company Name Region
FirstPlace Software, Inc. United States
AIQ, Inc. United States
Bonanza, Inc. United States
FuturesBoard.com, LLC United States
Amazon Web Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BondDesk Group LLC, please visit www.bonddeskgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.