MarketAxess expands its diversity dealer trading initiative bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, May 3, 2021 /PRNewswire/ 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, today announced the Diversity Dealer Initiative, a series of technology enhancements that will enable leading buy-side institutions and minority-, women- and veteran-owned broker dealers to more easily trade with one another on the MarketAxess platform.
The functionality leverages MarketAxess anonymous all-to-all Open Trading marketplace and provides enhanced trading connections by allowing investor clients to select a diversity dealer to intermediate an Open Trading transaction. The Open Trading network of institutional participants creates a significant pool of available liquidity, which delivered over 25,000 credit trading opportunities per day and over $16 billion in daily notional vo