The move follows recent fluctuations in the commercial bond market and is set to help users gain insight into to real-time market activity.
The launch forms part of a suite of enhancements to the firm’s dealer-initiated protocols and follows the expansion of Mid-X in 2024 to include emerging markets and eurobonds.
The trade follows the launch of MarketAxess’ electronic trading solution for Indian government bonds in June, making it the first platform to provide this offering.
The past week saw appointments across low and high touch execution, research, equity trading, the c-suite, and more...
Incoming individual has previously worked at: BGC Partners, ICAP, Deutsche Bank, Dresdner Kleinwort Wasserstein and Société Générale.
The move is expected to drive global expansion of the ETF and derivative RFQ platform and will see MarketAxess hold an approximate 90% controlling stake.
Incoming individual brings more than 20 years of fixed income trading experience, and has previously worked at TS Imagine, Agilon Capital and BlackRock.
The TRADE sits down with Gareth Coltman, head of trading solutions, EMEA and APAC at MarketAxess to unpack the current state of play when it comes to automation across the fixed income space, discussing how buy-side sentiment is changing towards automated solutions and what should be front of mind as innovation continues at an ever-faster pace.
The move is set to enhance the liquidity and workflow options available to Axess IQ users.
Expanded coverage will enable clients trading munis to benefit from accurate and unbiased reference pricing for the MSRB-reportable municipal bond market.