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 900 active institutional investor firms rely on for depth of product, accuracy, reliability and efficiency.
Watch Rick McVey, Chairman and CEO of MarketAxess, discuss changes in credit market structure with FT Trading Room editor, Philip Stafford; December 2012
Learn more about New Trading Choices on MarketAxess.
Learn more about MarketAxess on CDS Reform.
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 North America, Europe, Latin America and Asia to efficiently trade corporate bonds and other types of fixed-income securities. Its patented request-for-quote (RFQ) technology enables U.S. institutional investors located around the world to request and receive simultaneous, competitive and executable bids or offers from multiple global and regional dealers. Over 1000 investor and broker-dealer firms are active users of the MarketAxess trading platform.
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.