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Bond Market Overhaul Requires Patience for Tradeweb CEO

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Matthew Leising of Bloomberg News reports on the launch of the Tradeweb US investment grade corporate bond trading platform and discusses the current corporate bond trading landscape. Tradeweb CEO, Lee Olesky is quoted on his expectation that the transition to e-trading in a marketplace where 85 percent of trades are executed through voice trading will be gradual and is a consideration that is part of Tradeweb’s long-term view.