PaineWebber buys into net

Monday 26 June 2000 at 16:00

US securities house PaineWebber last week threw its hat into the electronic trading ring, when it announced a stake in a new system that aims to pluck the best bids and offers from other web-based platforms in the fixed-income markets and display them on a single screen.

OneBond.com is the next step in the rapid development of the fixed-income markets.