The deal could hasten buy-side adoption of the tech, said Spline's CEO

In the first quarter of this year, 18.6% of new-issue volume in the market was traded electronically, up from 17.3% last year, according to data from Coalition Greenwich.

"There's a lot more we can do now that we have a platform," said DPC DATA CEO Ken Hoffman.

The law has become no less controversial nearly three years after its passage.

CEO Michael Ruvo calls the Effi module an "offensive tool" that complements the firm's other transaction analytics instruments.

The software uses pre-trade quote data to help predict the next trade level of bonds.

Since the attack, many in the industry have had conversations about how to better secure transfer of funds, Vivian Altman said.

In April, WisdomTree launched two new exchange-traded funds, Nuveen debuted a high-income separately-managed account product and more.

Chicago's Regional Transportation Authority plans to return to market next Monday with $130 million of Series 2025A general obligation bonds.

In March, BlackRock debuted a new tax-exempt municipal interval fund, IMTC inked partnerships with Franklin Templeton and T. Rowe Price and more.