MarketAxess Launches Dealer Direct - Enhanced Dealer Streaming Functionality with Comprehensive Visibility Controls
July 13 2020 - 10:00AM
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading
electronic trading platform for fixed-income securities, and the
provider of market data and post-trade services for the global
fixed-income markets, today announced the launch of Dealer
Direct,
a tool for the dealer community to
stream Axes to investor clients with enhanced visibility
controls.
In partnership with MarketAxess’ global dealer
community, Dealer Direct offers dealers the ability
for an improved streaming functionality to
support bi-lateral trade negotiation. This
functionality
supports disclosed dealer-to-client flows with customized
visibility controls to allow for superior pricing
provision, reduced information leakage and greater
discretion to trade in block size. Investor
clients benefit by gaining access to more bespoke
liquidity sources tailored to their unique needs
and offered by their dealer counterparties, while
leveraging the efficient single-screen access of the MarketAxess
trading platform.
John Gallagher, Head of U.S. Credit Dealer Relationship
Management at MarketAxess, commented, “Throughout recent
volatility, credit markets remained connected through our
trading platform. In support of those efforts to maintain and
improve liquidity, we enhanced existing functionality to
meet the needs of today’s evolving credit market.
Importantly, Dealer Direct further augments the abilities of
dealers to strategically support and engage their
clients, no matter the market environment.”
In addition to the core trading technology of Dealer Direct, the
alert and watch-list functionality has
been enhanced to help clients more quickly
identify trading opportunities. For further information on
MarketAxess’ trading capabilities, please visit our
website: https://www.marketaxess.com/trade.
About MarketAxessMarketAxess operates a
leading, institutional electronic trading platform delivering
expanded liquidity opportunities, improved execution quality and
significant cost savings across global fixed-income markets. A
global network of over 1,700 firms, including the world’s leading
asset managers and institutional broker-dealers, leverages
MarketAxess’ patented trading technology to efficiently trade
bonds. MarketAxess’ award-winning Open Trading™ marketplace is
regarded as the preferred all-to-all trading solution in the global
credit markets, creating a unique liquidity pool for a broad range
of credit market participants. Drawing on its deep data and
analytical resources, MarketAxess provides automated trading
solutions, market data products and a range of pre- and post-trade
services.
MarketAxess is headquartered in New York and has offices in
London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake
City, San Francisco, São Paulo, Hong Kong and Singapore. For more
information, please visit www.marketaxess.com.
Media Relations Contacts: |
|
New York: |
London: |
Kyle White |
Toby West |
MarketAxess Holdings Inc. |
MarketAxess Holdings Inc. |
+1 212 813 6355 |
+44 (0)20 7709 3270 |
kwhite@marketaxess.com |
twest@marketaxess.com |
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