The Network for
Credit Trading
Broader trading network. Lower transaction costs. Efficient trade execution. As the leader in electronic trading for the global institutional credit markets, MarketAxess is the network that over 850 active institutional investor firms rely on for depth of product, accuracy, reliability and efficiency.
Learn more about MarketAxess on CDS Reform.
Rick McVey, Chairman and Chief Executive Officer of MarketAxess, was named to Institutional Investor's Trading Technology 30.
MarketAxess wins European Technology & Trading Venue of the year at Funds Europe.
MarketAxess is an innovative, award-winning electronic trading platform delivering valuable technology solutions for the institutional credit markets.
MarketAxess' leading electronic trading platform enables investment industry professionals in the U.S. and Europe to efficiently trade corporate bonds and other types of fixed-income securities. Its patented request-for-quote (RFQ) technology enables U.S. institutional investors to request and receive simultaneous, competitive and executable bids or offers from multiple global and regional dealers. Over 850 active institutional investor firms can access a deep pool of liquidity provided by 87 market making broker-dealers globally.
The trading system supports electronic trading in U.S. high-grade corporate bonds, eurobonds, high yield/crossover bonds, emerging markets bonds, U.S. agency securities and credit default swaps (CDS).
Since MarketAxess' inception, total global trading volume has exceeded $2.8 trillion. In this time, MarketAxess has introduced numerous electronic trading innovations including:
- The first multi-dealer disclosed trading platform for U.S. high-grade corporate bonds
- The first electronic Treasury benchmarking for U.S. high-grade corporate bond trades
- Corporate BondTicker™, our market data product, combining FINRA TRACE bond data with MarketAxess data and analytical tools
- Patented electronic bid and offer list technology for corporate bond trading
- The first disclosed client to multi-dealer trading platform for CDS indices
MarketAxess has been recognized by Credit magazine as the "Best Trading Platform (Multi-Dealer to Client)" in the U.S. and the "Best e-Trading Platform for Corporate Bonds and CDS" in Europe in 2010.
Straight Through Processing (STP) tools allow clients to create, negotiate and execute orders, deliver trade allocations to dealer counterparties and receive allocation acknowledgements - all with seamless front-to-back office system integration. While STP connectivity can help investor clients to realize the full benefits of electronic trading, MarketAxess also offers API (application program interface) solutions to the dealer community.