Alternative trading system operator BondDesk has teamed up with market information company Fabkom to distribute bid-wanted requests, in a move the companies said will help retail investors get better prices.

Thousands of bid wanteds, announcements that a holder of securities wants to sell and will entertain bids, occur each trading day with investors typically seeking bids through their brokers who in turn seek bids through ATS' and broker's brokers. A vast majority of these bonds wind up not trading, meaning that upwards of 70% of that bid information, by some experts' estimates, ends up unavailable to many market participants.

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