|By Business Wire||
|April 19, 2013 05:00 AM EDT||
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for European and U.S. high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, today announced it has been awarded the Technology Provider of the Year award in the 2013 FStech Awards.
Robert Urtheil, Head of MarketAxess Europe and Asia, said: “We are pleased to be recognized by the FStech awards committee for our technological advancement in trading global credit instruments. We have been at the forefront of fixed income electronic trading for over a decade, providing our investor and broker-dealer clients with innovative trading technology, valuable market data and robust post-trade connectivity. As the market has evolved, MarketAxess has continued to invest in developing efficient, intuitive trading protocols to help support market liquidity.”
The award recognized the important enhancements that MarketAxess has made to help its network of over 1,000 investor and broker-dealer firms source liquidity in the fixed income markets. MarketAxess has developed a suite of proprietary trading options to facilitate more Open Trading on its platform, including Market Lists, Client Axes and electronic order matching. These allow investors to access liquidity from the entire MarketAxess community in a centralized marketplace for corporate bonds.
MarketAxess is also investing heavily in CDS trading functionality and clearing connectivity in anticipation of the new regulatory environment under MiFID II/MiFIR and EMIR in Europe and Dodd-Frank in the U.S.
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 investor and broker-dealer firms are active users of the MarketAxess trading platform, accessing global liquidity in U.S. high-grade corporate bonds, European bonds, high yield and emerging markets bonds, agency bonds, asset-backed and preferred securities and credit default swaps. 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.
MarketAxess maintains its headquarters in New York and has offices in London, Chicago, Salt Lake City, Hong Kong, Singapore and São Paulo. For more information, please visit www.marketaxess.com.