The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Market Axess bonds with Trading Edge

In the internet bond trading arena the present number of competing platforms is unsustainable. The consolidation process started last month with the coming together of Market Axess and Trading Edge.

       
Rick McVey

One thing is certain in the internet bond trading arena: the present number of competing platforms is unsustainable. The consolidation process started last month with the coming together of Market Axess and Trading Edge.


Rick McVey, chief executive officer of Market Axess, believes that the deal will create one of the strongest platforms in the game. "The two businesses together will create a tremendous market solution," he says.


He continues: "The theme throughout our business model is aggregation of dealer capabilities across products and across functions. Our secondary-inventory-application projects to the client bonds that any of our dealers are involved in and price levels where they would buy or sell those bonds. What typically happens today is that the client gets this information from one dealer at a time, by fax, phone, e-mail, whatever. We aggregate this information electronically for our users and this greatly improves the product and price-discovery process."



You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree