Saturday 29 March 2008

LiquidityHub Ceases Trading

LiquidityHub Limited, established by a group of leading banks to aggregate liquidity and market data in support of electronic trading in the fixed income markets, today announced that it will cease electronic trading operations from close of business today.

The decision has been taken due to recent market conditions which have called into question the current scalability of the LiquidityHub model. Strategic options for the future of the Company are being evaluated.

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