MarketAxess and Investortools partner on municipal bond offering
The move comes two weeks after MarketAxess confirmed its JV with Bloomberg and Tradeweb to become the fixed income consolidated tape provider in the EU.
The move comes two weeks after MarketAxess confirmed its JV with Bloomberg and Tradeweb to become the fixed income consolidated tape provider in the EU.
The three venues confirmed plans to apply to become the tape provider in June last year via a public procurement process organised by ESMA; have selected FINBOURNE as their infrastructure provider.
New head brings considerable experience in data services to the firm, having previously served at ICE and Bloomberg.
New chief executive officer has been with the firm since 2019, having previously served at Cboe, Nasdaq, Virtu Financial, Instinet.
The electronic trading platform recorded strong numbers for the last quarter, driven by growth in public and private debt trading.
The new integration, which includes a request for quote feature, will allow mutual dealer clients to respond to US Treasury inquiries from MarketAxess’ customer base.
Incoming head brings over 25 years’ experience to the firm, having previously served at MarketAxess, LiquidityEdge and ICAP.
The three platforms have set out plans to apply to become the consolidated tape provider through the public procurement procedure.
The collaboration will focus on liquid fixed income indexes, portfolio construction solutions and ESG data.
The move will help increase efficiency and reduce risk, meeting institutional fixed income trading clients’ business intelligence demands.