HOW IT WORKS

BLXBid conducts on-line auction for structured products, such as guaranteed investment contracts, forward delivery agreements, and repurchase agreements. BLXBid utilizes a sealed-bid auction format in which (1) each bid that is submitted is electronically "sealed" and known only to the bidder until (2) the auction time has ended. Bids for the structured product are then (3) automatically tabulated and presented to our clients for evaluation.

WITH BLXBID

• Clients have the convenience of an on-line host for structured product bidding
• Providers submit a sealed bid via secured login IDs
• Clients may view live auctions in progress
• Both providers and clients have permanent online access to their deal records ensuring more efficient recordkeeping and compliance

FOR MORE INFORMATION REGARDING BLXBID, PLEASE CONTACT