|
Larry Eugene Fondren is an American entrepreneur and credit markets expert noted for his efforts to bring transparency to the bond market and improving access to and fairness within financial markets.〔http://www.businessweek.com/stories/1998-03-08/never-cross-a-bond-dealer〕〔http://www.advisorone.com/2008/06/01/turning-the-tables〕 == Career == In 1987, Fondren started The Exchange, a confidential communication service of his ReSource Intermediary Group through which insurance and reinsurance companies and other financial institution clients of the firm could anonymously communicate their reinsurance, buying, selling, joint-venture, partnering and other commercial interests to an array of prospective counter-parties. In 1993, with a small number of investors, he launched InterVest, an electronic platform for anonymous secondary market trading of corporate and municipal bonds and other fixed income securities among institutional investors, brokers and dealers. It was the first SEC-regulated “Proprietary Trading System” (a precursor to the current Alternative Trading Systems). In 1995, InterVest entered into an agreement with Bloomberg LP to provide dynamic interactive access to its trading platform and to display all current orders and transactions through the roughly 100,000 Bloomberg terminals then installed.〔http://www.businessweek.com/stories/1998-03-08/never-cross-a-bond-dealer〕 In 1996, exclusive access to InterVest through the Bloomberg terminal network (via In 1999, Fondren launched the first Internet-based facility for direct issuer-to-investor auctions of new investment-grade corporate bonds and asset-backed securities.〔http://www.forbes.com/forbes/1999/0823/6404040a.html〕 In 2007, Fondren launched the Legacy Funding Group to facilitate the issuance, aggregation and securitization of proprietary “LegacyLoans”, a form of non-recourse consumer loan collateralized solely by the future death benefit of a qualifying life insurance policy. Because insured individuals are borrowing against (rather than selling) their life insurance policies, they continue to own them, and use the periodic loan advance to satisfy all future premium payments – leaving the guaranteed remainder of the death benefit to their beneficiaries.〔()〕〔http://www.fa-mag.com/component/content/article/1-features/3654-lasting-legacy.html?tmpl=component&print=1&page=〕〔http://www.investmentnews.com/article/20080225/reg/295397163〕〔http://www.newsday.com/columnists/other-columnists/gray-matters-avoiding-stranger-insurance-1.557402〕〔http://www.theinsuranceforum.com/pdffiles/The%20Insurance%20Forum%20Jan08.pdf〕 Most recently, Fondren founded DelphX, a new SEC-regulated Alternative Trading System.〔http://innovative-relevance.com/wordpress/index.php/tag/delphx/〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Larry Fondren」の詳細全文を読む スポンサード リンク
|