Thursday, May 17, 2012

Bonds.com Group, Inc. (BDCGE) Announces Appointment of New CEO

Bonds.com Group, through its subsidiary Bonds.com, serves institutional fixed income investors. The company provides a comprehensive, zero subscription fee online trading platform for corporate bonds. It also provides a global solution for trading small lot corporate bond inventories electronically.

Bonds.com Group announced today the appointment of a new chief executive officer effective June 1, 2012. His name is Thomas M. Thees, and he is currently a member of the firm’s Board of Directors. This is obviously a key appointment and comes at a critical time in the development of Bonds.com.

Mr. Thees brings 30 years of industry expertise and experience in building traditional and electronic fixed income businesses and operations. He most recently served as head of investment grade credit and former co-head of fixed income at Jeffries & Company, and previously served as chief operating officer of MarketAxess Holdings. In addition, Mr. Thees spent over two decades in senior management positions at well-known Wall Street firms such as Morgan Stanley, Goldman Sachs, and Citigroup.

Bonds.com is poised to grow in the current financial environment based on the evolution of the structure of the fixed income market. Markets trends including the move by investors toward fixed income instruments and increasing demand for real-time electronic trading, access to liquidity, global execution across asset classes, and regulatory changes (such as implementation of the Volcker rule) indicate an abundance of opportunities for Bonds.com.

The company’s BondsPRO platform provides professional traders over 70 thousand live prices, with 85 million price updates daily, on 10 thousand different bond issues from over 300 contributing counterparties. BondsPRO also posts live, anonymous, and executable orders on a single bond or list basis, and permits price negotiation.

For further information about Bonds.com, please visit the company’s website at www.bonds.com

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