S. and European high-grade corporate bonds, and sovereign and corporate bonds issued by entities domiciled in an emerging markets country.
The company, through its electronic platform, facilitates transactions between its broker-dealer and institutional investor clients.
It also provides data and analytical tools that enable clients in making trading decisions; and facilitate the trading process by electronically communicating order information between trading counterparties.
In addition, the company offers the Corporate BondTicker, which combines the National Association of Securities Dealers (NSAD) TRACE data with MarketAxess tools to provide market participants with corporate bond price information.
The data include trade time and sales information, including execution prices, as well as MarketAxess-estimated spread-to-treasuries.
The data also include actual execution prices and spread-to-treasury levels for the U.
S. high-grade corporate bond trades executed on the MarketAxess platform.
Corporate BondTicker enables institutional investors to search for and sort bonds based upon specific criteria, such as volume, time/date of transaction, spread change, and issuer or security.
The company provides fixed-income, macroeconomic, and strategy research reports offered by its broker-dealer clients, as well as offers broker-dealers and institutional investors with tools that enable straight-through processing, including online allocation tools and post-trade messaging features that enable institutional investors to communicate electronically between front-and back-office systems.
MarketAxess was formed in 2000 and is headquartered in New York City.
