MarketAxess looks past Evergrande to e-trading in Chinese bonds

Global investors shrug off Evergrande’s woes and welcome a new link to China’s onshore bond market.

The timing could probably have been a little better.

In the last week of September, MarketAxess, operator of one of the world’s three largest electronic bond trading platforms, announced a new connection giving its users – including 1,600 of the world’s biggest investors – easy access to the Chinese domestic bond market.

This comes under the Bond Connect and China Interbank Bond Market (CIBM) Direct schemes, in partnership with China Foreign Exchange Trade System (CFETS) and Bond Connect Company Limited (BCCL).

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