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BONDPAGE.COM ANNOUNCES AGREEMENT WITH BONDTALK.COM
The fixed-income trading site is also exhibiting in booth #1254 at the AFP2000 conference in Philadelphia November 12-15
PHILADELPHIA, Pennsylvania, November 10, 2000 – Fixed-income trading site Bondpage.com (www.bondpage.com) today announced it has signed an agreement with Bondtalk.com, a New York City-based company that provides bond market and general economic news to retail and institutional investors.
East Lansing, Mich.-based Cambridge Group Investments, the broker-dealer that operates Bondpage.com, said the agreement forms a strategic partnership between Bondpage.com and Bondtalk.com. The sites users will now have the ability to research a bond and purchase it through Bondpage.com using a convenient click-through menu.
This agreement will expand the number of retail and institutional investors establishing accounts with Bondpage.com," said Thomas Blasen, president of Cambridge Group Investments. The added exposure Bondtalk.com brings will increase the awareness of our site as the lowest-cost broker and additional information source for everything related to bonds, including real-time quotes and analysis on more than 20,000 fixed-income instruments sourced from over 400 dealers."
The agreement will allow Bondtalk.com users to buy bonds through Bondpage.com by clicking a banner advertisement on its website. The resulting page will demonstrate the cost savings Bondtalk.com users will experience when purchasing the specific bond they are researching through Bondpage.com compared with other online bond brokers. The click-through function will also help simplify the process of buying bonds for Bondtalk.coms users. The link should be operational in the next 14 days.
This partnership offers a straightforward approach targeted at investors who buy fixed-income securities," said Bondtalk.coms founder, Tony Crescenzi, the chief bond market strategist at Miller Tabak + Co., LLC, a prominent brokerage boutique that deals primarily with major institutional investors. It reflects our desire to provide our visitors with every resource available to bond investors. Through this collaboration with Bondpage.com, users will have access to thousands of securities in all major fixed income product categories, including bank certificates of deposit, U. S. Treasury, agency, corporate, municipal and mortgage-backed securities."
Bondpage.com is exhibiting at the AFP2000 conference to introduce the site to financial professionals at nationwide banks, credit unions, insurance companies and other corporations. The Association for Financial Professionals, formerly the Treasury Management Association, provides its 15,000 members with products and programs to assist them in their careers through research, certification and the development of industry standards and practices. Bondpage.com is exhibiting in booth #1254 at the Pennsylvania Convention Center in Philadelphia.
Bondtalk.com (www.Bondtalk.com) is a leading provider of information, analysis and insights on the bond market and the economy. Bondtalk.com is positioning itself as the leading platform where bond investors, issuers and intermarries can connect and transact with each other. Bondtalk.com was founded in the spring of 2000.
Bondpage.com was launched in March 2000 with the objective of becoming the low-cost online broker in the $15 trillion global market for bonds and other fixed-income instruments. Bondpage.com targets banks, savings and loans, credit unions, insurance companies, money managers and high net-worth individuals who are interested in buying and selling fixed-income securities. Bondpage.com is supported by an investment from Lansing, Mich.-based Maxco, Inc. (Nasdaq: MAXC), a holding company that invests in technology and industrial companies, and Blasen-Brogan Asset Management Co., an East Lansing investment firm specializing in fixed-income securities. For more information, visit www.bondpage.com.
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