Hartfield, Titus & Donnelly Uses Garban-Intercapital ETC to Build Municipals Website.Business Editors JERSEY CITY, NJ--(BUSINESS WIRE)--March 13, 2001 HTDonline.com - Popular Website Being Used in the Municipal Bond Dealer community Hartfield, Titus & Donnelly (HTD HTD Heated HTD Heat Transfer Division HTD Haste the Day (band) HTD High Torque Drive (synchronous belt drives) HTD HEDS Technology Demonstration (NASA) HTD Hit The Deck ) today announced that it has teamed with Garban-Intercapital plc (LSE LSE - Language Sensitive Editor : GBN GBN Global Business Network GBN Glenbrook North High School (Northbrook, Illinois) GBN Go Back N (N = number to go back) GBN GoBizNow.com GBN Global Benchmarking Network ) to develop HTDonline, a new Website that offers one of the most extensive lists of secondary offerings and Bid Wanteds Bid wanted Used in the context of general equities. Announcement that a holder of securities wants to sell and will entertain bids. in the Municipal bond market. The database can be searched and sorted by multiple criteria. Developed in conjunction with Garban-Intercapital's ETC ETC - ExTendible Compiler. Fortran-like, macro extendible. "ETC - An Extendible Macro-Based Compiler", B.N. Dickman, Proc SJCC 38 (1971). division and receiving thousands of page views per day, HTDonline has gained rapid acceptance as a valuable source of market supply in the Municipal bond arena. Currently, HTDonline offers web-based access to prices for over 2,500 municipal bond offerings valued collectively at over $2 billion, and hundreds of Bid Wanteds on a daily basis. Trade execution on Garban-Intercapital's Electronic Trading Please help recruit one or [ improve this article] yourself. See the talk page for details. Community (ETC) will be offered in April for the 40 bonds that comprise the Municipal Bond Buyer Index, as well as a selection of other actively traded bonds. During the Second Quarter of this year, HTDonline will offer live electronic Bid Wanted capability for all Municipal securities traded by HTD, followed by real-time price negotiation and execution of any secondary Municipal bond offering. "With branch offices located throughout the U.S., HTD is privileged to have well established relationships in the municipal bond market," said Frank O'Brien, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of HTD. "With HTDonline, we are offering our customers a new, efficient, interactive tool to search for municipal bonds that soon will be complemented by a choice of electronic trade execution or voice brokered transactions, supported by straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. to customers' back office systems." "We're pleased to have the opportunity to work with industry leaders such as Hartfield, Titus & Donnelly as we continue to add new pools of liquidity to the ETC platform," said Chris Ferreri, Managing Director of Electronic Trading - Americas. "This is another example of Garban-Intercapital's recent initiative to offer the ETC platform to partners in an application-service-provider format, underscoring our dedication to the electronic marketplace. We're looking forward to a long relationship with HTD as they develop new products and services for the municipal bond market." About Garban-Intercapital Garban-Intercapital plc (GBN.L) is the world's leading derivatives, securities and money broking Bro´king a. 1. Of or pertaining to a broker or brokers, or to brokerage. Redeem from broking pawn the blemished crown. - Shak. business with daily transaction volumes in excess of $200 billion. In late February 2000 Garban-Intercapital launched the Electronic Trading Community (ETC) its electronic trading platform for the fixed income markets. This platform allows traders at major banks and investment houses to transact deals, currently in U.S. Treasuries U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. and Japanese Government Bonds and in a range of additional products in 2001, interactively via a private extranet or the Internet. More information can be found at www.garban-intercapital.com. About Hartfield Titus & Donnelly HTD has been in the municipal bond brokerage business for 35 years. With the use of new interactive technology from Garban-Intercapital ETC to augment the company's experienced brokers, HTD will continue to provide the high level of service its customers are accustomed to. For more information, please visit www.htdonline.com. |
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