Series 7: 3.4.3 Sources Of Public Information

3.4.3  Sources of Public Information

In a fragmented, illiquid market, price information can be hard to come by. In fact, pre-trade price information in the municipal bond market is generally not available to the public at all. When it is, it usually is provided by broker’s brokers or alternative trading systems (ATS) on their own electronic networks. This information only applies to the specific transactio