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MarketAxess Expands Liquidity in European Credit With Addition of 4 Dealers

Globe Newswire

LONDON, Oct. 14, 2015 (GLOBE NEWSWIRE) -- 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, has recently enhanced its European credit trading platform with the addition of a further 4 market-making dealers. The new dealers providing liquidity to institutional investors in European credit are: ABN Amro Bank, Millennium Europe, Nomura Group and Rabobank.  This brings the total number of dealers on the European platform to 37. 

MarketAxess previously announced the addition of 4 dealers in April 2015, further expanding the European liquidity pool on the MarketAxess platform. Dealer and investor engagement on the platform continues to grow with Eurobond trading volumes on MarketAxess up over 70% year-over-year as of the second quarter.

Today, over 90 global dealers are active participants on the MarketAxess system providing liquidity in a broad range of credit instruments including European bonds, U.S. high-grade corporate bonds, high-yield bonds, emerging markets bonds, agency bonds, asset-backed and preferred securities and credit default swaps. 

Richard Meade, Head of Debt Trading London, Rabobank, comments: “Efficiently accessing our diverse group of clients is now more important than ever.  Joining MarketAxess’ established electronic credit trading network is an important step in reaching this client base and expanding our reach to a broader community of investors.”

Chris Jones, Head of Dealer Sales, MarketAxess Europe, comments: “As the credit markets continue to evolve, a broad and diverse liquidity pool is required to facilitate healthy market activity.  MarketAxess has invested significantly in the growth of its European credit community, firmly bolstered by the expansion of new liquidity providers.  The addition of these new dealers and the growth in our Eurobond volumes demonstrates our ability to support active credit markets and service the liquidity demands of our clients.”

About MarketAxess

MarketAxess operates a leading electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology.  Over 1,000 institutional investor and broker-dealer firms are active users of the MarketAxess trading platform, accessing global liquidity in U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, credit default swaps and other fixed-income securities. MarketAxess SEF Corporation has received temporary registration from the U.S. Commodity Futures Trading Commission to operate a swap execution facility.  MarketAxess also offers a number of trading-related products and services, including: market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients.  Through its Trax® division, MarketAxess also offers a range of pre- and post-trade services, including trade matching, regulatory transaction reporting and market and reference data, across a range of fixed-income products. Trax is the trading name of Xtrakter Ltd., a MarketAxess group company.

MarketAxess maintains its headquarters in New York and has offices in London, Boston, Chicago, Los Angeles, Salt Lake City, São Paulo and Singapore. For more information, please visit

Media contactsMarketAxess Holdings Inc.Kyle V. White+44 (0)20 7709 3219kwhite@marketaxess.comCognitoPaul Bowhay+44 (0)20 7426

Source:MarketAxess Holdings Inc.