BNP increases hit rate from retail fixed-income platform

Clients using BNP Paribas’ retail fixed-income platform are trading on more than three times the number of quotes traded on in 2005, the bank said today. Currently clients have to call the bank to trade at the prices quoted on the site, although by the end of the year they will be able to trade on the same platform.

The platform, launched by BNP Paribas in 2004, provides 300 retail distributors and private banks with market news and research, product term sheets, real-time market quotes and post