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TradeWeb to offer US corporate bond trading

TradeWeb, the online bond dealing portal about to be snapped up by Thomson Financial, is to offer US buy and sellside firms the opportunity to trade corporate bonds on its electronic network for the first time.

The platform will be launched in June, but it has already signed up more than 150 buyside users and seven dealers - including Morgan Stanley, Deutsche Bank and Goldman Sachs. TradeWeb said other dealers have also expressed an interest in providing liquidity.

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